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NEW DELHI: It may be laying off factory workers in its troubled home market US, but General Motors will be hiring new workers in India at its new
plant at Talegaon in Maharashtra as the company expands .
How does GM think this type of news will be taken in America? So many people are ready to let GM crash and burn and then this type of announcement comes forth! I have owned a few GM vehicles, and in MI they are everywhere, but this news troubles me. And news just came across at CNN about thousands of job cuts in the banking industry, Citigroup. When does this end? Before long the jobless will outnumber those with jobs in this country. Maybe we should relocate to the countries where these jobs are going.
Just think how much 25 billion can do to help build GM plants in India. Thanks to the American tax payer Indian workers will be very fortunate. Believe me you will not see any trace of this story on any of the major news networks.
This makes me sick. I have been for helping them because I felt like it would mean jobs in this country - America. It would make more sense if India would kick in 25 billion. I'm glad I don't own a GM vehicle.
They also just announced the opening of a new palnt in russia. I can see themn getting more into foreign markets but they shouldn't then want the US tax payer to bailout their US business.Money spent overseas is m0oney not aviolable for weahyt they say they need here.Chapter 11 looks better so that we see thru the coutrs just exactly how they want to spoend their moneyas seen thru court filings.
I don't think this will make a difference for GM. Maybe for the people in New Delhi. I, for one, am miffed at yet another company shipping our jobs overseas. So not only do they make cr*p cars, but they have cr*p business practices. I'm glad I don't own a GM.
GM manufactures cars all over the world. Some cars it builds on other continents do not make it to America. So it's not like a situation where we shipped our work overseas only to see the product come back which was made in sweatshops by toddlers. The cars are made in India and sold in India much in the same respect that Euro and Asian car makers are building and selling their products in the US.
It's all in the accounting. They may be profiting $X overseas but if they are losing $2X domestically it still means they are in trouble.
Last edited by drjones96; 11-18-2008 at 01:58 PM..
Just think how much 25 billion can do to help build GM plants in India. Thanks to the American tax payer Indian workers will be very fortunate. Believe me you will not see any trace of this story on any of the major news networks.
I haven't seen this story on the news sites I frequent. It's really sad that American workers are losing good jobs by the thousands while the public is being brainwashed about the benefits of NAFTA, job outsourcing, etc.
General Motors will be hiring new workers in India
I'm not ****ing surprised there!
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