Wednesday, May 13, 2009
This should help Detroit:
Reports: GM to sell China-built cars in U.S.
... If true, GM could end up becoming the first automaker to begin exporting to the U.S. from China. Previously announced plans by Chinese manufacturers to crack the U.S. market have so far fizzled. ...
Opting to export from China would help the company, now surviving on $15.4 billion in federal loans, to slash production costs ...
Don't see any downside at all. It's the perfect solution.
And in other news, Chrysler will begin importing cars from Japan, and Ford will begin selling British-made models in America.
Oh, no, wait...they already did that. Decades ago. Dodge/Plymouth Colts and Ford Cortinas, among other models.
A Chinese-made Buick can't be any worse than an American one. Probably better quality, actually. It's the most popular car in China right now. It's when they start selling us their Chevys that we'll know for sure we're screwed. They'll have to update the old jingle to "Ping pong, fried rice, egg foo young and Chevrolet."
Wait, doesn't that leave the shipping, dealership and maintenance work in American hands? There's gotta be some way to offshore those.
$16 billion to save US jobs and they are going to improt from China. Sweet. Thank goodness Obama's team approved the reorganization plan so we are not losing US jobs - right?