It would make sense if China was leading in production and sales at this point.
Sounds more like GM is focusing more on these areas to produce the highest profits with the cheapest labor costs. ( duh?)
Just how much of GMs parts were already made in China? Is China now in control of GM as collateral? What percent of ownership did China have already
of that maket there?
China has been said to already have their own version of the Volt and GM may just be betting on this drive train for their own cars made in the
USA?
China wants in to the US market and their drive trains seem like a stong beginning. I've been wondering if China was going to take over Saturn as
well.
What other deals had the US government made with China over it's debts?
Cars assembled in the US with minimal production costs IN the US/Canada seems more likely than ever.( to me anyway) But what will the Unions say and
do? Maybe they'll be producing expensive replacement parts and higher priced luxury cars?
I would imagine the percent of cars made in China will now be higher to offset our debt with them?
[edit on 30-8-2009 by aleon1018]