Yes! General Motors to build new car, create 400 jobs!!!

[Common Sense Party]

In Mexico!

http://www.industryweek.com/articles/gm_to_build_new_vehicle__at_plant_in_mexico_22462.aspx



General Motors will invest $500 million to produce a new vehicle and eight-cylinder engines in a plant in northeastern Mexico, a company spokesman said on August 4.
The decision was announced at a meeting on August 3 between GM management and Mexican officials, the spokesman said, without giving details of the new vehicle.

The investment in the GM plant in Ramos Arispe, Coahuila state, would generate 390 jobs, he added.

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Better than nothing, I guess.

[flvegan]

1. As part of the bailout, an agreement should have been reached

that any new production of cars to be sold in America, that aren't already duplicated elsewhere, need to be built here. I want GM to be successful, but we need jobs here.

[Common Sense Party]

4. I agree. This is relatively small potatoes...er, papas pequeñas

but 400 jobs are 400 jobs, and there are MANY people here in the U.S. that need those jobs.

[deaniac21]

2. But but they added 60,000 after they dropped 650,000.

[Lance_Boyle]

3. I remain a disgruntled shareholder.

Well, I guess I don't really hold any shares. Obama bought them with my money, but I can't sell them, nor will I ever see any profit (or even return of principal) from them. Sucks.