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GM moving out of Detroit ?
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GM.. Going Mexico
DETROIT (AP) -- General Motors Corp.'s chief has left the door open to the automaker moving its corporate headquarters out of Detroit, prompting concern by some lawmakers and clarification by the automaker.
GM Chief Executive Fritz Henderson said Monday during a conference call the automaker is looking at everything within its business. But he cautioned such an option isn't "queued up at the top of the list" and the company is proud to be in the city.
U.S. Rep. John Conyers said the possibility concerns him after GM received "billions of dollars" in federal bailout money. Sen. Carl Levin, D-Mich., says he's been assured by a GM official there are no such plans.
GM said in a follow-up statement it's too early to speculate about the effect of corporate restructuring on facilities.
DETROIT (AP) -- General Motors Corp.'s chief has left the door open to the automaker moving its corporate headquarters out of Detroit, prompting concern by some lawmakers and clarification by the automaker.
GM Chief Executive Fritz Henderson said Monday during a conference call the automaker is looking at everything within its business. But he cautioned such an option isn't "queued up at the top of the list" and the company is proud to be in the city.
U.S. Rep. John Conyers said the possibility concerns him after GM received "billions of dollars" in federal bailout money. Sen. Carl Levin, D-Mich., says he's been assured by a GM official there are no such plans.
GM said in a follow-up statement it's too early to speculate about the effect of corporate restructuring on facilities.
Comments
The stupidity has begun.
The occupation of the car industry by the democrat party is a big mistake.The stupidity has begun.
Will the Unions figure this out ?
Eventually they will move to China
Where they'll immediately rename the company GTM or General Tsao's Motors.
Don
Local rumor is the I-Car research center in Greenville SC.
Tell you what, I have friends who work in the tech center, (and my industry is affected by the big 3) I would hate to see them suffer, but if it burned the levins & conyers, I'm for it...
I can go to work at the Charlotte store...
Don
Remember, if you work in the City of Detroit, there is CITY income tax. As far as I know, it is the only city in MI that does that.
If they move, every one of the employees who work there in effect gets a raise by paying less taxes.
+1 on moving to Warren.
Remember, if you work in the City of Detroit, there is CITY income tax. As far as I know, it is the only city in MI that does that.
If they move, every one of the employees who work there in effect gets a raise by paying less taxes.
Yep, Warren is trying to woo them, they did the same thing a few years ago...
Don
i heard Chrysler is going to Mexico too[:0]
Well, payback for Jeremiah "GD AMerica" Wright clowning for a 10,000 strong Detroit Chapter NAACP dinner has its consequences I reckon.
i heard Chrysler is going to Mexico too[:0]
Well, she was raped by the germans, and is about to get it again by obama & the wops, can you blame her...
Don
Quality would be better if they went to Canada but with the dollar being what it is Mexico make a better location. Oh, had another thought. (In Mexico) I wonder how much more cash would GM collect for packing the cars with cocaine and bring them across. GM will be the next "BIG" cartel.
+1 on moving to Warren.
Remember, if you work in the City of Detroit, there is CITY income tax. As far as I know, it is the only city in MI that does that.If they move, every one of the employees who work there in effect gets a raise by paying less taxes.
Battle Creek has one also.
mijelo
Make sense on the move. Gets rid of the Union and get cheap labor. I do wonder what the recall rate would be though for the first 10/20 years.
Quality would be better if they went to Canada but with the dollar being what it is Mexico make a better location. Oh, had another thought. (In Mexico) I wonder how much more cash would GM collect for packing the cars with cocaine and bring them across. GM will be the next "BIG" cartel.
If they are not already.