Quote:
Originally Posted by yzrider58
GM does need to compete on a global level. In China they go nuts for American cars so why not keep the company healthy and compete.
As far as less vehicles being built in America. Blame the unions and their chokehold on the government and corporations. Japanese cars built here don't have unions, which saves them at least $25 per man hour.
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I think after the 2009 debacle, the big three are now within a few dollars per hour of the transplants. Check me on that, but those were internal numbers from when I was still there.
The China market is expected to reach 30,000,000 units in 10 years or so. You'd be a fool not to at least try. Today, with a market equal to the U.S., Mercedes, BMW and Audi sell 1,000,000 units in China............EACH. Now these are JVs and to keep China happy you have to "reinvest" in China. But that is a huge number of luxury vehicles and you can't pass it up. Like a crack addict walking past a dark alley, you can't at least check out the possiblity.