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11-17-2008, 05:38 AM
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CD News Reporter
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Join Date: Jan 2007
11,520 posts, read 6,138,309 times
Reputation: 4476
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News, GM to hire 500 new workers for Talegaon plant.
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 .
GM to hire 500 new workers for Talegaon plant-India Business-Business-The Times of India |
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11-17-2008, 07:53 AM
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Senior Member
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Join Date: Aug 2008
Location: Too far north
521 posts, read 162,052 times
Reputation: 260
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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.
Last edited by TNKY; 11-17-2008 at 08:02 AM..
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11-17-2008, 02:47 PM
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Senior Member
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Join Date: Jun 2007
Location: Rockland County New York
2,265 posts, read 537,518 times
Reputation: 789
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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.
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11-17-2008, 04:11 PM
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Buy Handmade
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Join Date: Feb 2008
Location: In my playhouse.
1,048 posts, read 452,095 times
Reputation: 1647
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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.
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11-18-2008, 11:28 AM
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Senior Member
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Join Date: Dec 2007
10,310 posts, read 3,575,738 times
Reputation: 1585
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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.
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11-18-2008, 12:56 PM
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Hangin' With King Friday
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Join Date: Oct 2006
Location: The Neighborhood of Make Believe
3,316 posts, read 1,705,682 times
Reputation: 1127
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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.
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11-18-2008, 12:59 PM
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Senior Member
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Join Date: Jul 2007
Location: California
1,761 posts, read 962,408 times
Reputation: 1012
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Are they selling the cars in India? If they are then it would make sense to build them there.
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11-18-2008, 01:21 PM
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You're unique just like everyone else in the world
Status:
"Work...work work work"
(set 3 days ago)
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Join Date: Jun 2007
Location: Derby, KS
2,470 posts, read 1,255,933 times
Reputation: 702
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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..
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11-18-2008, 01:50 PM
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Senior Member
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Join Date: Jun 2007
1,402 posts, read 785,249 times
Reputation: 509
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Quote:
Originally Posted by Stac2007
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.
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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.
Now these companies want a bailout? |
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11-18-2008, 02:00 PM
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Not a member
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Join Date: Jun 2008
1,646 posts, read 552,463 times
Reputation: 219
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Quote:
Originally Posted by John1960
General Motors will be hiring new workers in India
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I'm not ****ing surprised there! |
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