Posted by Markkw Link: http://info.detnews.com/video/index.cfm?id=1189
on December 17, 2008, 14:58:21
71.55.231.82
Here you go, right from the Voice of Russia:
""It seems like President-elect Obama has been far more reception than Mr. Bush to having the government intervene to rescue another major sector of the economy. He called automakers “the backbone of American manufacturing” in his first post-election press conference last Friday. In other words he was echoing the famous saying: “What’s good for the General Motors is good for America.”
Nevertheless, among this gloom and doom in the US auto industry, GM opened last week a 300-million dollar factory in Russia as it looks to compensate for slumping sales in Western Europe and North America.""
Isn't it amazing that all we hear about in the news here is how close the auto industy is to failing yet GM dumped $300 million in Russia and Ford built their most advanced assembly plant in Brazil!!!
Message Thread:
« Back to thread