- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Trump tweets about GM---why does he do these things to himself?
Posted on 8/30/19 at 11:59 am to I B Freeman
Posted on 8/30/19 at 11:59 am to I B Freeman
You are correct that is a rather poorly informed comment. To the uninformed it would appear GM imports a lot of cars from China, which they do not. (Some, yes. But very few in the big picture.) A fair number of parts do come from there.
However, you can't help but slam your dick in the door with your opinions on GM and the value of it's business in China.
While it is substantial, GM like all "name" manufacturers in China is a minority stakeholder in all of it's joint ventures there due to China limiting foreign invetment to 49%.
Also, the majority of the vehicles sold there are cheap, low end. While they do sell a good number of Buicks and Cadillacs, they are far from the majority of the business.
However, you can't help but slam your dick in the door with your opinions on GM and the value of it's business in China.
While it is substantial, GM like all "name" manufacturers in China is a minority stakeholder in all of it's joint ventures there due to China limiting foreign invetment to 49%.
Also, the majority of the vehicles sold there are cheap, low end. While they do sell a good number of Buicks and Cadillacs, they are far from the majority of the business.
1
Posted on 8/30/19 at 12:09 pm to BuckyCheese
quote:
However, you can't help but slam your dick in the door with your opinions on GM and the value of it's business in China.
There is no question that the business in China at the time of GM bankruptcy was worth more than their business in the USA. Yes it is joint venture but is the largest car builder in the largest market in the world and even though they are cheap cars they are profitable.
quote:
Shanghai Automotive Industry Corporation , also known as SAIC and SAIC-GM , is a Chinese state-owned automotive manufacturing company headquartered in Shanghai operating in joint venture with US owned General Motors. The company had the largest production volume of any Chinese automaker in 2017, making more than 6.9 million vehicles.[17]
Note the chart reflects GM's portion of car from the joint venture.
This post was edited on 8/30/19 at 12:10 pm
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News