My Account
Sign up, and you'll be able to ignore users whose posts you don't want to see.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Apr 20, 2017
7:05
:30
am
Baron
All-American
As Dapper said, GM probably considered it more profitable to risk it than move.
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
Baron
Previous username
jarocho
Bio page
Baron
Joined
Sep 1, 2006
Last login
May 6, 2024
Total posts
94,286 (32,804 FO)
Report problem with this ad
Messages
Author
Time
Venezuela seizes GM plant that had been operational for more than 70 years
cougarmanguy
4/20/17 6:45am
The plant was already there and already producing. GM was likely well aware of
DapperDan
4/20/17 6:51am
Maybe. But it was going to be seized at some point
cougarmanguy
4/20/17 6:53am
same reason people build in california knowing there will be big quakes later
BYUtiful
4/20/17 6:58am
Maybe GM was trying to get the new plant built before shutting down the
WDaddy
4/20/17 6:59am
No indication that they were trying
cougarmanguy
4/20/17 7:06am
No indication they werent.
WDaddy
4/20/17 7:09am
What am I missing here
cougarmanguy
4/20/17 7:10am
Fat fingered and now corrected
WDaddy
4/20/17 7:12am
As Dapper said, GM probably considered it more profitable to risk it than move.
Baron
4/20/17 7:05am
Of course I didn't do a cost-benefit analysis but now they don't have a plant at
cougarmanguy
4/20/17 7:07am
I guess it does based on people's assumptions. It doesn't seem odd to me. I
Baron
4/20/17 7:10am
Doesn't mean they aren't trying. Perhaps GM has capacity in other plants and was
WDaddy
4/20/17 7:11am
Detroit news gives some insight
cougarmanguy
4/20/17 7:23am
With, what seems, no desire to replace it at all
cougarmanguy
4/20/17 7:23am
No surprise at all. South America is a tough place for auto to do business
Tokolosh
4/20/17 7:58am
GM's South America business has been deteriorating for a while. They just sold
Mike Honcho
4/20/17 7:52am
Almost a billion dollar hit
cougarmanguy
4/20/17 8:04am
Clean house and throw everything in there including the kitchen sink
WDaddy
4/20/17 8:20am
<< Deleted >>
JimmyZ
4/20/17 7:42am
<< Deleted >>
Abe Froman
4/20/17 8:10am
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad
