GM chinese?

After GM died and a new company was created much of the former problems have vaporized and noone really knows what GM is anymore.
GM does not have any obligations toward former employees and former
sharholders and management is pretty much out of the picture.
GM seems to be doing best in China and the biggest car market is now in China.
So the question is if future GM will be based in China with some connection with USA.
Similar moves has happened with other big US corporations.
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On 8/16/2010 3:14 AM, Bjorn wrote:

Government Motors

Everyone in Canada and the US got ripped off. Taxpayers saddled with debt will trickle down into families that pay more and get less government services. Inevitable. Pension plans took a good hit too. GM screwed everyone.

Only branch of GM that is.

Probably should. Get Chinese management over here to show American executives how it is done.

Always bet on the winner. Loosers like GM NA just keep on sucking.
--
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IBM did a similar move with their PCs.
More and more IBM PCs were made in China.
Then IBM sold off the complete operation to Lenovo.
Lenovo took over all the PC operation and a lot of employees around the world.
In the car business Indian and chinese companies own several brands that used to belong to western companies.
I guess GM is going the same way.
The chinese own a lot of US debt so they could easily exchange some of it for a control of GM.
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That may be your convoluted opinion but GM is still the number one selling brand, year to date in the US, dummy.

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GM is a has been. In Canada are they #3,4 or 5? But pretty sure they are behind Ford (#1) and Toyota. With US sales on the fall...lets see if GM can survive the next double dip. Government wants to dump them, as government knows GM is a turkey.
On 8/16/2010 9:40 AM, Mike wrote:

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What part of GM is still the number one selling brand, year to date in the US, dummy.

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No. Just multinational. Same objectives that Ford and GM adopted in the 1930s and Toyota embraced more recently. Chrysler, Nash, Hudson, Crosley, Studebaker, and Packard didn't embrace that approach.
To think that GM isn't one of the top two automotive manufacturers in the world is simply incorrect. We will see more Regals. Detail design in Germany, engine from the U.S., transmission from GM-China, final assembly in Germany. If it sells here, assembly will start here, if not, plan on next line in China.
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I can not see GM compete with other companies and repay the $88.000.000.000 it owes the american people.
It is probably top automotive debtor in the world and I do not see anyone coming close to this record - ever.
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On 8/16/2010 11:32 AM, Bjorn wrote:

As they teach in business school, sunk cost. No more good taxpayer debt-money should go after bad.
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