GM’s New Strategy: “Made in China”
By 2011, GM intends to sell over 17,000 exported vehicles from China to the U.S., doubling that to over 50,000 by 2014. This would make GM the first pioneer to bring a “Made in China” vehicle to America, which is something China has been trying to do for a long time now. GM plans to close 16 assembly plants by 2012, drop the hourly employment roll by 34 percent, and cut a total of 3,400 salary positions by the end of this year. Full Story : TreeHugger.com…..
