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Reports: GM to export China-built cars to US

 
  

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tony7914



Joined: Dec 24, 2004
Posts: 4965

Location: Peru Indiana

PostPosted: Wed May 13, 2009 5:10 pm    Post subject: Reports: GM to export China-built cars to US

Quote:
SHANGHAI – General Motors Corp. plans to begin exports of vehicles made in China to the United States within two years, ramping up sales to more than 50,000 by 2014, reports said Wednesday.

A spokeswoman for GM in China did not immediately respond to a request for comment on the reports, which were said to be based on a company recovery plan given to U.S. lawmakers.

GM intends to sell 17,335 made-in-China passenger cars in the U.S. market by 2011, the Shanghai Securities News and other reports said. By 2014 exports would triple to more than 51,000, it said......


Source.

Aren't you glad to know that your tax dollars will be working to boost Chinas economy?
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kenmabmcc



Joined: Nov 20, 2003
Posts: 8181

Location: Dunedin, New Zealand.

PostPosted: Thu May 14, 2009 4:08 am    Post subject:

Arn't you glad that China will be able to lend more to the US.

Wink
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kenmabmcc



Joined: Nov 20, 2003
Posts: 8181

Location: Dunedin, New Zealand.

PostPosted: Thu May 14, 2009 4:08 am    Post subject:

Aren't you glad that China will be able to lend more to the US.

Wink
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tony7914



Joined: Dec 24, 2004
Posts: 4965

Location: Peru Indiana

PostPosted: Thu May 14, 2009 11:58 am    Post subject: [Login to view extended thread Info.]

kenmabmcc wrote:
Aren't you glad that China will be able to lend more to the US.

Wink


I'd be glad if our government would extract it's cranium from it's posterior. So far they have spent $83b on bailing GM and Chrysler out and will spend at least as much if not more before this is done and for what? The object was to prevent job losses and plant closings, that's not going to happen, it would have been better for the tax payers if the feds would have let them go under last year then at least the money the feds have (borrowed) wasted could have gone to other things that would retrain and put people to work in other more successful fields.
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xavierx



Joined: Nov 06, 2004
Posts: 5427



PostPosted: Thu May 14, 2009 8:20 pm    Post subject: [Login to view extended thread Info.]

kenmabmcc wrote:
Aren't you glad that China will be able to lend more to the US.

Wink

Flame bait aside, Ken, no, I'm not glad. If China wasn't buying, we wouldn't be spending like drunken sailors.
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kenmabmcc



Joined: Nov 20, 2003
Posts: 8181

Location: Dunedin, New Zealand.

PostPosted: Fri May 15, 2009 8:30 am    Post subject: [Login to view extended thread Info.]

xavierx wrote:
kenmabmcc wrote:
Aren't you glad that China will be able to lend more to the US.

Wink

Flame bait aside, Ken, no, I'm not glad. If China wasn't buying, we wouldn't be spending like drunken sailors.


I don't think that tony7914 was flame baiting .......

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