mar 100/perez - blog

There has been a lot of talk lately about the new plant that i wrote previously about.
A few new details. The $359 million dollar plant will make 800 cylinders for the company's Volt while opening 300 job positions in Flint Michigan.

http://www.theautochannel.com/news/2008/09/29/139017.html

video from same site

mar 100/perez - blog

GM has announced that they will begin production in 2010 for a new engine plant in Flint Michigan. There they will be manufacturing four cylinder engines and the company's most anticipated car the Chevrolet Volt and other models in the new plant.

http://business.techwhack.com/4328-gm-flint-michigan

mar 100/perez - blog

GM is losing sales in yet again another one of its main markets China. GM usually number 2 in selling cars in China is being bumped this year by Toyota Motor Corp.


http://online.wsj.com/article/SB122238825587777267.html?mod=googlenews_wsj

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mar 100/perez - blog

GM is tryin to sell the Hummer brand thats worth " 2-4 billion dollars" GM continues to review other asset sales and will make more announcements in the fourth quarter.

www.indianexpress.com/news/gm-to-put-hummer-brand-up-for-sale/365767/

mar 100/perez - blog

GM is getting a $122.5 million tax break from the state of Michigan for planned investments of $838 million to build or expand five factories, including a new small-engine plant. The government is being nice to GM to try to save the worlds biggest auto company that happens to be American.

http://www.bloomberg.com/apps/news?pid=20601087&sid=aCO4tNQ6UBtE&refer=home