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Old 12-07-2008, 01:06 PM
 
Location: Tennessee/Michigan
28,205 posts, read 47,602,006 times
Reputation: 19717

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Nearly three-fifths of the employees at General Motors Corp. work for a company that makes cars that are admired, popular and profitable.

They just don't work in the United States.

General Motors' strength is overseas - Los Angeles Times
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Old 12-07-2008, 01:18 PM
 
3,723 posts, read 4,589,533 times
Reputation: 4746
Yeah, they do great business overseas. I'm not sure that they do horrible here, but they do have a huge cost for their retirees that they don't have there.
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Old 12-07-2008, 04:10 PM
 
48,516 posts, read 83,901,398 times
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Their business model is better oversaes and that is where they have been investing and building new factories.
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Old 12-07-2008, 05:07 PM
 
866 posts, read 3,824,837 times
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If GM, Ford, and Chrysler did not go to overseas markets they would have been a long time ago!! In order to compete with the Japanese three they had to do this, there was no other way to continue business. Toyota, Honda, and Nissan are global companies that have plants all over the world, so do the German three of Daimler (Mercedes-Benz), BMW, and VW.
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Old 12-08-2008, 12:00 PM
 
Location: Orlando, Florida
43,858 posts, read 44,596,346 times
Reputation: 58621
News, General Motors' strength is overseas.

Too bad they couldn't get Europe to bail them out.
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Old 12-08-2008, 01:52 PM
f_m
 
2,289 posts, read 7,528,042 times
Reputation: 869
Quote:
Originally Posted by GloryB View Post
News, General Motors' strength is overseas.

Too bad they couldn't get Europe to bail them out.
Opel To GM: Don't Touch Our Bailout Money - Forbes.com
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