McAuliffe Does Business.wmv
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Uploaded by dsvabeachdem on Sep 18, 2011
McAuliffe has been taken to task for doing business in a "foreign" way. He didn't hire 2000 engineers to do research and design work that has already been done. He didn't sink $700 million dollars "to support vehicle electrification, including test facilities, a battery manufacturing lab and special equipment" that has already been developed. Instead, he let the Chinese do that for him. Then he went to the Chinese and dealt with them on terms advantageous (at least he hopes so, but that's why they call it risk) to his investors.
Terry is not out hawking dealerships or franchises and doesn't need to having already sold his first year's production overseas. By the way, that, along with the plan to provide key parts for the cars produced and sold in China, is called helping heal the balance of trade.
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