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Wednesday, June 05, 2019

We bailed out GM. It imports cars from Red China



President Trump's crackdown on Red China is hurting the enemy within.

GOOD.

Reuters reported, "The Trump administration has denied a General Motors Co request for an exemption to a 25 percent U.S. tariff on its Chinese-made Buick Envision sport utility vehicle.

"The denial of the nearly year-old petition came in a May 29 letter from the U.S. Trade Representative's office saying the request concerns 'a product strategically important or related to 'Made in China 2025' or other Chinese industrial programs.'

"The midsize SUV, priced starting at about $35,000, has become a target for critics of Chinese-made goods, including leaders of the United Auto Workers union and members in key political swing states such as Michigan and Ohio.

"GM said on Tuesday it was aware of the denial and has been paying the tariff since July. GM has not raised the sticker price to account for the tariff.

"Buick Envision sales fell in the United States by nearly 27% to 30,000 last year and fell another 21% in the first three months of 2019.

"Only a small number of vehicles are built in China and sold in the United States."

***

I hope sales fall to zero.

A small number are imported from Red China?

One is too large a number.

Obama bailed out GM to avoid bankruptcy court, but GM wound up there anyway. The deal was to keep an American company going.

But GM has not kept its part of the deal. It shut down Saturn, Pontiac, and Hummer -- and now imports cars from Red China.

28 comments:

  1. Saturn was being built in GA -- right to work state

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    1. Actually it was built in Tennessee. - GOC

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    2. Spring Hill specifically. I worked on the boundary surveys for the plant back in '85.

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  2. GM moved manufacture of high consumer demand SUV's to China but left manufacture of low demand small sedans in the US - specifically Lordstown.

    Wouldn't it have made more sense to build the low demand, low price vehicle in low cost China and the high demand vehicle with bigger margins in the US?

    Wouldn't that have been the best way to show American taxpayers who bailed them out that GM danced with the one who brought them?

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  3. Had a '97 Saturn. Loved that car.

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  4. Ford is no angel, but that’s all we drive. No GM products allowed in our household.

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    1. Same here, Schlongy. GM better get its act together, pronto. NO MORE BAILOUTS.

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    2. I worked at GM for 9 years til huge layoffs in 2013. I drove my 95 Ford F-150 to work everyday proudly. Got a lot of guff. Lol

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    3. I switched to Toyotas built in America because they have more American parts than any other cars. Quite satisfied, but sad I had to leave GM after years of loyalty. What Mr. Surber misses is that the bailout was to throw control to the unions and burn the investors, which it did quite successfully.

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  5. The bailout you should be worried about is Qatar's bailout of the Kushner family. Hey, but grifters gotta grift.

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    Replies
    1. Question for Some Guy: Do you think this Nony is the same Nony who’s trying to pass itself off as a Libertarian to sway the weak into voting for Gary Johnson, or is this Nony a different dooshbag?

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    2. If the messages are all the same, and all delivered from behind anonymity, it doesn't matter. Susan is Susan.

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    3. different species of Nonny this one tends to ululate more while being meaningless..

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    4. Meaningless is the central point. Ignore the bitch.

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    5. lighten up, Francis.
      waterman.

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  6. Surber again reveals himself as a freedom hater whose mission in life is to restrict his neighbor from doing peaceful things: like buying something from a person in Asia, smoking something that grows in nature, etc.

    In other words, the last thing he believes in is freedom. He defines your freedom not the Constitution or the Bible. He thinks his enemy is progressives but he's a progressive himself.

    All progressives hate freedom. As Paul wrote in 1CO 10.29 these people are weak minded and insecure.

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    Replies
    1. I bet he loves to buy oil from the Arabs don't ya think lol.

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    2. The zealots here are praying recession doesn't arrive before the election or their orange man is toast.

      But the yield curve inverted last month a sure sign of a coming bust. Then the bankers confirmed it by getting ready to cut rates. The clock is ticking.

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    3. Anonymous posts = Fake Sues

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  7. Was stunned when the seditious gay Kenyan commie and UAW officials allowed bailout money to go to China to build GM factories to compete with American factories. Not a word out of rank and file union members.

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  8. The former CEO is on youtube from 7 yrs ago explaining how they moved their R&D to China and that 7 out of 10 GM vehicles ceom from out of country. (youtube - "General Motors is becoming China Motors")

    The top 10 list of vehicles made in America parts and labor does not list a GM vehicle in the first 9, Corvette is #10. My Toyota Tundra is #4.

    I "love it' when I see some silverado wiht a BUY American sign in the back window.

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  9. The bailout was National Socialism at its finest.

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  10. Will not ever buy another car from Government Motors and their corrupt unions. I own one Ford farm truck and one Toyota.

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    1. Me either. I wouldn't drive one for free.

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  11. > "Obama bailed out GM to avoid bankruptcy court... But GM has not kept its part of the deal."

    "Gratitude is a dog's disease." -- Josef Stalin

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