May 05, 2009

UAW Says GM Offshoring to China where Sales Up 50%

In a letter to US Senators UAW lawyer Alan Reuther claims the GM restructuring plan will offshore car production to China as well as Mexico, Japan and Korea, the equivalent of a plant in each country. As reported here recently, GM may already be planning an 8th factory in China. From the beginning GM said its long anticipated electric car, the Chevy Volt, would be in global production. GM has said the Volt would be on sale in China not longer after its debut in America next year. China is GM's fastest growing market and GM sales there were up 50% last month. Labor leaders and GM resume talks on May 7...

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