Article

2008-11-20 Home Front Economy

Chinese Automakers May Buy GM and Chrysler

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Posted by tipper 2008-11-20 00:00|| || Front Page|| [11131 views ] Top

#1 Har har! The union heads had better head for the hills given the way the Chinese negotiate!

Posted by gorb 2008-11-20 01:07|| 2008-11-20 01:07|| Front Page Top

#2 I was reluctant to buy GM, Ford, or Chrysler when American-owned. I'll NEVER buy one if the Chinese own 'em!

Posted by Scooter McGruder 2008-11-20 01:24|| 2008-11-20 01:24|| Front Page Top

#3 Expect major culture shock as Chinese managers and engineers crash headlong into American safety and quality regulations... which are actually and severely enforced.

Posted by trailing wife 2008-11-20 06:26|| 2008-11-20 06:26|| Front Page Top

#4 They've got two choices; show up with deep pockets and finance the BK or show up with shallow pockets and be dragged along. Worthy of the Onion.

Posted by Nimble Spemble 2008-11-20 07:05|| 2008-11-20 07:05|| Front Page Top

#5 Well, it may be one approach to reducing long term Medicare and Social Security costs. Matched to an increase stimulation in the morturary business and employment.

Posted by Procopius2k 2008-11-20 07:27|| 2008-11-20 07:27|| Front Page Top

#6 Chicomms and the UAW.
A match made in heaven, I think they deserve each other.

Posted by bigjim-ky 2008-11-20 08:10|| 2008-11-20 08:10|| Front Page Top

#7 As if GM's vehicles weren't sh*tty enough already.

Posted by bigjim-ky 2008-11-20 08:17|| 2008-11-20 08:17|| Front Page Top

#8 Kissinger Associates' most important clients. ... Dresser Industries, Bechtel, AT&T, General Motors....

First they get the bailout, THEN they go CHICOM. Thank you Henry.

Posted by Besoeker 2008-11-20 08:27|| 2008-11-20 08:27|| Front Page Top

#9 The UAW will then get what they want and what they deserve. Socialism and $100/month wages.

Posted by ed 2008-11-20 08:50|| 2008-11-20 08:50|| Front Page Top

#10 Does this include their pension commitments?

Posted by Spot">Spot 2008-11-20 09:38|| 2008-11-20 09:38|| Front Page Top

#11 This will bleed China dry faster than putting Aircraft carriers out to see.

Buu-bye money.

Now if they threw the union out the Chinese might have a chance at profit....

Posted by DarthVader 2008-11-20 09:52|| 2008-11-20 09:52|| Front Page Top

#12 It might be good for the world if the Chinese got ahold of the flexifuel tech and started exporting it to the third world. Seems some of the folks in our own congress are a bit to oil centric in their thinking.

Posted by rjschwarz 2008-11-20 10:28|| 2008-11-20 10:28|| Front Page Top

#13 Iron Rice Bowl

Posted by DK70 the Scantily Clad7177 2008-11-20 13:14|| 2008-11-20 13:14|| Front Page Top

#14 Isn't there some sort of technology transfer restrictions in place that would ( should) prevent the Chicomms from actually acquiring these? i am under the impression that the DoS controls this via EAR processes.

Posted by USN, Ret. 2008-11-20 14:53|| 2008-11-20 14:53|| Front Page Top

#15 Then we will have "Dollar Store" quality cars for sell...

Posted by borgboy 2008-11-20 15:12|| 2008-11-20 15:12|| Front Page Top

#16 and lead paint, borgboy.....

Posted by Cornsilk Blondie 2008-11-20 15:22|| 2008-11-20 15:22|| Front Page Top

#17 any export restrictions on the tech can easily be over come with the appropriate campaign contributions... just like in 94-96...

Posted by Abu do you love">Abu do you love 2008-11-20 15:33|| 2008-11-20 15:33|| Front Page Top

#18 As of January 20th, 2009 Obama's rehashing of the Clinton and Carter eras, will open the doors even wider to Red China's business agenda to dominate American industry.

Posted by Mark Espinola 2008-11-20 15:49|| 2008-11-20 15:49|| Front Page Top

#19 The Chinese are awash in trade surplus American $ that are burning a hole in their pocket right now. It's not like they need them to buy oil any more. They might as well trade in all those S&H green stamps for a couple of run-down old-school companies. They'd get their foot in the door, AND as legitimate businessmen, could lobby Washington much easier. Hey, it beats sitting on a mattress stuffed with greenbacks.

Posted by Minister of funny walks 2008-11-20 18:01|| 2008-11-20 18:01|| Front Page Top

#20 This is just a scare tactic after Congress made the big three look bad. "Help us or we'll sell to the Chinese". Screw the big three and let them, their corperate jets, kickbacks, bonuses, and perks go. It will reset-read kill- the UAW and China will get screwed trying to make a car that meets our safety requirements. Bring popcorn, this will get fun!

Posted by 49 Pan">49 Pan 2008-11-20 18:37|| 2008-11-20 18:37|| Front Page Top

#21 Maybe the Pelosi GTxi SS/Rt Sport Edition from Congressional Motors might be a better idea.

Posted by tipper 2008-11-20 19:48|| 2008-11-20 19:48|| Front Page Top

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