GM cars soon to arrive in US from China

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kinabaloo

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Excerpt:

"Although GM is struggling globally, its operations in China continue to be a huge success. Sales in March rose by more than 50pc to 151,000 cars, compared to 172,000 in the US. GM has invested in research and design facilities alongside its Chinese partners and says it could design and produce a car wholly inside China within 12 to 24 months.

The company also conceded that China could eventually become a more important market than the US.

"We sell as many Buicks here as in the US so the question is not crazy or unrealistic," said the spokesman. "The US market continues to stagnate and move backwards. China will make 10.5m cars this year, an increase of 8.7pc. The US will make 9.5m. So it will be the first time that China builds more cars than the US"

GM plans to export cars from China to the US - Telegraph
 
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gashin

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We need to stop blaming others for our own problems. We've become a nation of consumers instead of producers and the world free market rightly shifts the wealth to the productive nations. Name some industries where America is still a leader? There are a few but mostly we've been overthrown by Germany and the many Asian Tigers. For example, America is no longer the greatest exporter in the world. That honor belongs to Germany, a nation with a population less than a third of our own. South Korea is the leader in ship building and electronics, and its cars are superior to our cars. Japan needs no mention... Our current level of opulence is a false image of prosperity - funded by hundreds of billions of Chinese loans of course :).
Man.... america has really been sold out by politicians. it truly is our own fault for just sitting back complacently and taking it.
 

fenez

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We need to stop blaming others for our own problems. We've become a nation of consumers instead of producers and the world free market rightly shifts the wealth to the productive nations. Name some industries where America is still a leader? There are a few but mostly we've been overthrown by Germany and the many Asian Tigers. For example, America is no longer the greatest exporter in the world. That honor belongs to Germany, a nation with a population less than a third of our own. South Korea is the leader in ship building and electronics, and its cars are superior to our cars. Japan needs no mention... Our current level of opulence is a false image of prosperity - funded by hundreds of billions of Chinese loans of course :).
All very true. But how are we to compete with companies overseas that have employees that work for wages that would be impossible for Americans to live on? The playing field is not level, yet when we export to some countries we have a tariff to pay which makes our products unaffordable to most in those countries. Plus we now have figured out how to import cheap labor so it is completely ruining our economy.
 

Kendra

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All very true. But how are we to compete with companies overseas that have employees that work for wages that would be impossible for Americans to live on? The playing field is not level, yet when we export to some countries we have a tariff to pay which makes our products unaffordable to most in those countries. Plus we now have figured out how to import cheap labor so it is completely ruining our economy.
My husband's company recently laid off over 200 American workers. Within the same month, they brought over 250 Indians to replace them at 1/3 the wages (including lodging).
 

fenez

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My husband's company recently laid off over 200 American workers. Within the same month, they brought over 250 Indians to replace them at 1/3 the wages (including lodging).
This type of stuff is so commonplace today that we are descensatized to it, this is so unacceptable and people really should stop doing buisness with any company that has decided to do buisness in America yet doesn't like to pay American wages. My heart goes out to your husband Kendra
 

Kendra

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My husband still has his job but he obviously disagrees with the foreign outsourcing business model, lol.

Also, he really likes his colleagues and realizes they just want the "american dream", too. So, my husband's displeasure with the whole thing is also difficult because he really likes these guys and certainly doesn't blame them for wanting this opportunity, you know? At the same time, these other 200 guys are out of work.
 

fenez

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Bottom line is that cheap labor pays for these companies, and as long as people just keep looking the other way, not only will this continue it will become the norm and greedy companies will keep villifying the workers making it seem as if they have no choice but to do buisness this way, people should wake up before it is too late.
 

Letzin Hale

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Western decadence/arrogance/complacency + $greed$profit$ gets you a reserved spot. I'm opening a new shop..............


letzin-hale-albums-oh-my-god-picture1119-paddlestores.jpg

 

Letzin Hale

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Bottom line is that cheap labor pays for these companies, and as long as people just keep looking the other way, not only will this continue it will become the norm and greedy companies will keep villifying the workers making it seem as if they have no choice but to do buisness this way, people should wake up before it is too late.

Maybe we should lobby the Government & FDA to ban these as 'drug delivery devices' as there are a great number of dealers riding round in them :p
Alan.
 

gashin

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I'm torn between my sense of nationalism and my love of capitalism :(. Market forces will always favor those who can meet demand at the lowest costs - this is the basis by which capitalism promotes technological development and prosperity. However, on the world stage, this also means that our country will necessarily be left behind because of the inflated wages we are used to. The unions in our country have benefited the our workers with higher wages - but on a global scale are these wages really honest for the work that is being done? We can't compete economically as we continue to pay teachers, prisoner guards, and automobile assembly line workers wages that are far beyond the world average. For example - in South Korea teachers and factory workers get paid nearly 1/4 of what we pay ours = in most of the rest of the newly developed nations and developing nations they get paid even less. Thus on a global scale, our workers are being overpaid for their production which has led us to fall heavily into debt to those nations who pay their workers based on the global job market average. This is good in the short run, but on a larger scale this is bad for the future of our economy as we can no longer compete with other nations in terms of cost of production.

It's not only the export tariffs that are hurting the appeal of our products. It's also the huge, above-mentioned overhead caused by excessive wages.

I believe that importing labor and outsourcing will actually help our country. It will force wages down to the levels which will allow our companies to produce and sell products with a large profit margin which means more taxes, more technology, and a shift away from labor intensive industries to more technical, service sector jobs that award the social and educational evolution associated with the greater prosperity that will arise from having profitable and productive companies.

However, I think we are going to face widespread civil unrest as more and more Americans realize that they are going to be poorer than their parents' generation. We are too used to living off the wealth generated by the baby boomer generation as a result of WW2 and the Cold War. Once reality sets in that we'll actually have to make great personal sacrifice of the American dream, I believe that we will again return to our roots as a productive country and become competitive again, though this will probably take generations.
All very true. But how are we to compete with companies overseas that have employees that work for wages that would be impossible for Americans to live on? The playing field is not level, yet when we export to some countries we have a tariff to pay which makes our products unaffordable to most in those countries. Plus we now have figured out how to import cheap labor so it is completely ruining our economy.
 
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fenez

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Ah.. so you suggest that we should just become a 3rd world nation? we should just work for whatever big buisness decides to offer? but lets not forget that all our ceo's and heads of any other major companies should continue to make whatever they decide is fair, you are in favor of importing labor? So all the illegal activity is fine with you I guess?
Everyone can indeed work cheaper as soon as the cost of living comes down. Sounds like you have been indoctrinated, there is plenty of money in this country to go around. Just way too many laws protecting people that shouldn't be protected
 

gashin

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I'm afraid so.... our previous prosperity was a result of being the economic powerhouse of the Western world during WW2 and the Cold war. In contrast, the evolution of Germany, Japan, and the East Asian tigers was a result of production and satisfying market demands. Without war, the American economy is stagnant as we cannot compete with other nations in a free market. There is simply not enough money to go around - our government is funded by foreign debt (the majority of which is owned by Japan and China) while the collapse of our largest companies only reveals that trillions were wasted on inefficiency or poor product development/quality. What do you want to happen? Do you want our government to liquidate or take over all the failing corporations? They will only be come up with a fraction of the funds that were invested into the company by the American people - while they will still owe foreign investors who invested in those companies, while also having to deal with trillions of dollars of government debt.
Ah.. so you suggest that we should just become a 3rd world nation? we should just work for whatever big buisness decides to offer? but lets not forget that all our ceo's and heads of any other major companies should continue to make whatever they decide is fair, you are in favor of importing labor? So all the illegal activity is fine with you I guess?
Everyone can indeed work cheaper as soon as the cost of living comes down. Sounds like you have been indoctrinated, there is plenty of money in this country to go around. Just way too many laws protecting people that shouldn't be protected
 

gashin

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Yes it is possible - as long as Americans are willing to work at market wages and as long as China and Europe continue to loan us hundreds of billions each year. However, if we aren't willing to sacrifice our opulent lifestyles, I fear that we will lose our greatest source of funds as the rest of the world loses faith in the profitability of American companies. This will force our nation into poverty and our entire economy may collapse as well as our infrastructure as our government will also find it difficult to sell treasury bills and other forms of debt.
Or we could have a great bloody revolution and kill a whole lot of people and ban anything that doesn't make a profit for Americans as a whole.

It is entirely possible to bring the jobs home. Entirely possible.
 
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