Auto Industry Asks Congress for $50 Billion; Insists This Isn't a Bailout

government take overs. The threatened to sue and destroy
fannie and freddie if they didn't comply in the meetings this
weekend. It was reported on CNBC. Why does Obama and McCain
agree with this? Now the auto industry. He's being to much
like them for me.

The automakers have been cutting American manufacturing plants
and jobs in American and sending them overseas.  
Why don't they ask those countries for welfare..

''"1992  AMAZING THAT CAR DEALERS KEEP THEIR BUSINESS
WHILE LOSING MONEY , YET THEY KEEP "INVESTING" AND
BUILDING NEW MANUFACTURING PLANTS OVERSEAS.....THE KEY TO THIS
WOULD NOT BE TO STRIP AMERICAN WORKERS OF THEIR WAGES ,
BENEFITS TO SENT THEM OVERSEAS TO FOREIGN MARKETS.... 

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What do you call a vehicle made in Thailand with Japanese
steel, stamped on Japanese presses, built basically on the
Toyota Production System, and even sold in Japan? You call it
a Chevrolet Zafira. The maker is no other than General Motors.
GM's Rayong, Thailand, assembly plant is about as global and
diversified as it gets. It exports 90% of its products to 19
countries. It will soon make vehicles developed and originally
produced by Italian, German and Japanese makers. That plant,
furthermore, will be producing a sedan, a minivan, and a
pickup truck, all under the same roof.

http://findarticles.com/p/articles/mi_m0KJI/is_4_114/ai_85009250

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The Flint, Michigan City Council approved GM’s request for tax
incentives to support a $359 million investment in a
530,000-square-foot plant in Flint, where workers will build
1.4-liter engines for the Volt as well as its new compact car,
the Chevrolet Cruze 

http://www.greencarcongress.com/2008/08/flint-approves.html


General Motors India Limited plant in Halol, India, 1990s 
http://wiki.gmnext.com/wiki/index.php/Image:7825-0017.jpg

Proposed Assembly Plant - GM Kenya Limited 
http://wiki.gmnext.com/wiki/index.php/Image:1975-1.jpg

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http://wiki.gmnext.com/wiki/index.php/About_GM

General Motors Corporation (NYSE: GM), the world's largest
automaker, has been the annual global industry sales leader
for 77 years. Founded in 1908, GM today employs about 266,000
people around the world. With global headquarters in Detroit,
GM manufactures its cars and trucks in 35 countries. In 2007,
nearly 9.37 million GM cars and trucks were sold globally
under the following brands: Buick, Cadillac, Chevrolet, GMC,
GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn,
Vauxhall and Wuling. GM’s OnStar subsidiary is the industry
leader in vehicle safety, security and information services.
More information on GM can be found at www.gm.com. 

GM is the majority shareholder in GM Daewoo Auto &
Technology Co. of South Korea, and has product, powertrain and
purchasing collaborations with Suzuki Motor Corp. and Isuzu
Motors Ltd. of Japan. GM also has advanced technology
collaborations with DaimlerChrysler AG and BMW AG of Germany
and Toyota Motor Corp. of Japan, and vehicle manufacturing
ventures with several automakers around the world, including
Toyota, Suzuki, Shanghai Automotive Industry Corp. of China,
AVTOVAZ of Russia and Renault SA of France. 

Genuine GM Parts and accessories are sold under the GM, GM
Performance Parts, GM Goodwrench and ACDelco brands through GM
Service and Parts Operations, which supplies GM dealerships
and distributors worldwide. GM engines and transmissions are
marketed through GM Powertrain. 

GM’s largest national market is the United States, followed by
China, Brazil, the United Kingdom, Canada and Germany

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''"1992  AMAZING THAT THEY HAVE KEEP THEIR BUSINESS WHILE
LOSING MONEY , YET THEY KEEP "INVESTING" AND
BUILDING NEW MANUFACTURING PLANTS OVERSEAS"'' 

GM Loses Record $4.5 Billion; Announces 12 Plant Closings

General Motors Corp. Monday reported that it lost a record
$4.5 billion in 1991, and it identified 12 of the 21 plants
that will close as it downsizes its operations during the next
few years. 

GM's loss, the worst annual loss for an American corporation
in history, brought last year's total loss for the Big Three
-- GM, Chrysler Corp. and Ford Motor Co. -- to $7.7 billion.
GM's loss was larger than expected and reflected the impact
that a weak economy and cautious consumers were having on the
company's sales.