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12-07-2008, 02:06 PM
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CD News Reporter
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Join Date: Jan 2007
13,415 posts, read 8,616,886 times
Reputation: 5464
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News, General Motors' strength is overseas.
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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12-07-2008, 02:18 PM
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Senior Member
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Join Date: Oct 2007
926 posts, read 432,393 times
Reputation: 360
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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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12-07-2008, 05:10 PM
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Senior Member
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Join Date: Dec 2007
13,853 posts, read 5,945,861 times
Reputation: 2508
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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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12-07-2008, 06:07 PM
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Senior Member
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Join Date: Dec 2007
Location: The Great Lakes State
725 posts, read 661,519 times
Reputation: 125
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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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12-08-2008, 01:00 PM
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Senior Member
Status:
"Life is the sum of all your choices."
(set 11 hours ago)
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Join Date: Sep 2008
Location: Orlando, Florida
8,506 posts, read 2,481,880 times
Reputation: 8443
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News, General Motors' strength is overseas.
Too bad they couldn't get Europe to bail them out. 
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12-08-2008, 02:52 PM
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Senior Member
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Join Date: May 2008
1,732 posts, read 1,009,304 times
Reputation: 423
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Quote:
Originally Posted by GloryB
News, General Motors' strength is overseas.
Too bad they couldn't get Europe to bail them out.
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Opel To GM: Don't Touch Our Bailout Money - Forbes.com |
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