General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.
According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to "complete the renovation of the line of products up to 2012."
ANY GUYS UP?
anyone want to chat cX
105girlz 3 years ago
IDIOTS!
GMAC should have just came out and ask for a bailout as a BANK!
Apparently, Washington has NO PROBLEM bailing out banks! Wall Street white collar CEO etc..
But when UAW blue collar worker jobs are at stake...they say "Well, we don't know about that... we'll get back to you on that".
Here's an Example:
"Hi, my name is GMAC and I'm a BANK!
Can I have a piece of that yummy bailout?"
:-)
Kold2market 3 years ago
This has been flagged as spam show
General Motors plans to invest $1 billion in Brazil to avoid the kind of problems the U.S. automaker is facing in its home market, said the beleaguered car maker.
According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to "complete the renovation of the line of products up to 2012."
Wake up
dave777blaster 3 years ago