Although it happened back in September, 2011, it appears many American taxpayers are unaware that General Motors struck a deal in Shanghai wherein the company has agreed to develop an electric vehicle (EV) platform with its longtime Chinese partner SAIC.
What else was included in this deal? GM has agreed to effectively move all future EV development to China. It could also mean that production of the vehicle itself will be moved overseas.
More here
DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
8 comments:
No loyalty whatsoever.All they care about is the bottom line.
I know I will never buy a GM
Pure speculation. Fact: They are ramping up production of the Volt in Michigan right now.
You don't think it would happen BEFORE the election, do you 12:14?
Of course they're ramping up.. even though Volts aren't selling.
He needs his union comrades onboard for the election.
Then he will throw them under the Volt.
That's down right silly, Anon 12:14. Why would GM ramp up production of the Chevy Volt? Most of the Volts produced already are sitting in the storage lot at the factory. Oh, I forgot....They get a huge federal subsidy for each one they build, whether anyone buys it or not.
All taxpayers already own these cars whether we drive them or not. I will never but a GM or Chrysler product ever again.
Let them move everything to China and stop the subsidies by the taxpayers. We don't need them. Americans already build a really nice fuel efficient car called the Prius.
Pure speculation. Fact: They are ramping up production of the Volt in Michigan right now.
January 6, 2012 12:14 PM
I just love morons who use the word 'fact' in their speech. More often than not it's a red flag meaning they don't know what they are talking about. Proven yet again.
General Motors agreed in Shanghai today to develop an electric vehicle platform with longtime Chinese partner SAIC. It effectively moves GM's future electric vehicle development to China. Unclear is whether this would also lead to assembly of future EVs for the U.S. market in China.
GM plans to start exporting Michigan-made Volts to China by year's end, but isn't likely to sell many. The Chinese government is pushing electrics with a subsidy that amounts to about $19,000 per car -- but only if the car is made in China. No imports allowed. There also are tariffs on cars imported to China, which lawmakers argue are unfair and may violate world trade rules.
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