posted on December 1, 2005 11:49:40 AM new
GM`s $437M plant in India, hiring 4,000
Nov 25, 2005, 14:15 GMT
NEW DELHI, India (UPI) -- General Motors Corp., which is closing 12 North American plants and cutting the payroll by 30,000, will build a factory in India that employs about 4,000.
The financially ailing carmaker is talking with officials in three Indian states -- Andhra Pradesh, Tamil Nadu and Maharashtra -- about possible sites for the $437 million facility, Economic Times reported Friday.
The plant, which will house the manufacturing unit for minicar Spark, would add around 4,000 jobs.
'GM is looking at an alternate site for its new production unit. It wants to invest in a plant with a capacity to build about 200,000 cars a year,' a source said. 'During its presentations, the GM team had indicated that the new plant would also be export hub for the region.'
A decision on where to build the plant is expected early next year.
Copyright 2005 by United Press International
NEW DELHI: America's loss is turning out to be India's gain. Within days of announcing 30,000 job-cuts in the US, automobile giant General Motors Corp will this week unveil plans to increase its workforce in India by nearly 30%.
The carmaker has decided to add 450 jobs at its existing plant in Halol (Gujarat) as part of plans to expand presence in India - the emerging low-cost automobile hub in the east.
"GM is going on a hiring spree in India, and it's add jobs both on the factory shop-floor as well in the executive cadre. GM will this week start the process to hire 450 additional people for its India venture," a senior head-hunter told The Times of India.
While it will increase its floor-worker force by 400, another 50 are being added in its executive cadre. "This is in line with the company's plans to expand its presence in India, which GM feels will drive future growth," the source said.
...
posted on December 1, 2005 12:08:48 PM new
Can't see anything worthy of a post. They and everybody else are trying desperately to build operations there and in China.
Not even peepa could be so stupid as to think they are going to mail Chevies to the US from India.
posted on December 1, 2005 01:17:42 PM new
Good.....now maybe GM can sell their cars over there....like kerry's wife sells her products in other countries where it costs less to produce them.
And as for the auto industry in general....a wise man once said here....you can thank the unions for their wages and benefits that caused the loss of their own jobs here.
Kiss your unions goodbye.
"Whenever the nation is under attack, from within or without, liberals side with the enemy. This is their essence." --Ann Coulter
And why the American Voters chose to RE-elect President Bush to four more years. YES!!!
posted on December 1, 2005 03:06:36 PM new
I guess I am missing something. GM is hiring Indian workers to build cars for sale in India. Why is that wrong?
~~~ • ~~~ • ~~~ • ~~~ • ~~~
An intelligent deaf-mute is better than an ignorant person who can speak.
posted on December 1, 2005 04:05:18 PM new I guess I am missing something. GM is hiring Indian workers to build cars for sale in India. Why is that wrong?
Ask Peepa, apparently he thinks it is wrong
"Dear Lord, if you can't make me a better man, don't worry about it. I'm having a real good time like I am.".
posted on December 2, 2005 03:24:40 AM new
I seem to recall a fairly lengthy discussion held here during the election. If I remember correctly, the anti-Dems were all over Kerry for being a hypocrite about outsourcing because of Heinz producing and selling products in other countries. While it was pointed out to them then that producing and selling products in other countries isn't the same as moving production overseas to avoid high labor costs here, they weren't buying it. Now they seem to be ok with it.
'bout time.
____________________________________________
Habla siempre que debas y calla siempre que puedas....
posted on December 2, 2005 03:36:07 AM new
I remember it differently, profe. I believe the discussion, at least one time, centered on the fact that the dems were bitching about outsourcing of jobs....and it was pointed out that kerry's wife did just that with her companies. Moved the production to where labor was much cheaper than it would be here in the US.
Imo, isn't the same things as with cars. Just like the Toyota's are now produced here in the US.
"Whenever the nation is under attack, from within or without, liberals side with the enemy. This is their essence." --Ann Coulter
And why the American Voters chose to RE-elect President Bush to four more years. YES!!!
posted on December 2, 2005 05:08:15 AM new
The point that LIAR-LINDA_K always makes is "Kiss your Unions goodbye".
First off I don't belong to any Union. Second LIAR-LINDA_K is right her form of government has been breaking the Unions for years.
LIAR-LINDA_K knows that breaking Unions so Americans work for less pay and benefits is good for industry.
I think workers would agree pay cuts are a good thing for industry. American worker believe if industry,CEOs,stock holders,and the rich took pay-cuts along with the workers we would all have a better America.
But no the CON-servative form of government people like LIAR-LINDA_K support only make laws that benefit industry and the rich. The selected few in America
The middle and working class are now paying for those CON-servative laws with their blood and money.
JUST ONE MORE REASON THE CON-SERVATIVE FORM IS CRUMBLING. YES!!!
ITS TIME FOR THE MAJORITY OF AMERICANS TO DEMAND LAWMAKERS WORK FOR THEM NOT JUST THE SELECT FEW.
posted on December 2, 2005 07:45:56 PM new
We remember it differently then Linda. No one was ever able to prove that Heinz moved jobs out of the country. All that was ever shown was the fact that Heinz produces products in other countries which it then sells to those countries. That isn't outsourcing, and neither is what GM is going to do. They aren't going to bring cars here from India, any more than Heinz brings ketchup from other countries.
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Habla siempre que debas y calla siempre que puedas....
posted on December 2, 2005 07:52:13 PM new
lol...profe...you have such a habit of trying to inform me of things I already am aware of.
Most of these companies have production plants in several different countries so they don't have to export their product. That's why they went there in the first place. To save on labor and business expenses. LOL
But...we were talking about a whole different ball game. It was the liberals here, at that time, that were bitching about outsourcing.....when the kerry holdings were also discussed. And why THEY had done what they did.
You're trying to mix apples and oranges and imply differently than what was actually being discussed in that old thread....or maybe more than one of them at that time.
"Whenever the nation is under attack, from within or without, liberals side with the enemy. This is their essence." --Ann Coulter
And why the American Voters chose to RE-elect President Bush to four more years. YES!!!
posted on December 3, 2005 05:06:38 AM new
I'm not mixing anything Linda, I remember the discussion differently than you, that's all.
____________________________________________
Habla siempre que debas y calla siempre que puedas....
posted on December 3, 2005 01:36:45 PM new
LOL KD...you've totally taken what I initally said out of context.
GM closing plants here AND moving them there...WILL CAUSE job loses here.
They DO this to save money...and get more business. They'll get new customers they didn't have before. And you're crazy if you think those cars won't be selling for less because they'll be paying MUCH less to their workers. THAT, my dear, IS saving money.
posted on December 3, 2005 02:01:56 PM new
But Linda, everything is relative. Plants cost less, payrolls are less, parts are less so the final price and profit are less. Just like Canada's GM. Everything costs more to produce here so our cars are more expensive than in the U.S.
posted on December 3, 2005 02:11:07 PM new
KD...we're talking about INDIA....not Canada.
And because union wages have been a large part of the cost to buyers of autos...they haven't sold enough here in the US...NOT CANADA....to keep their plants running like they used to. Now...they're moving these jobs overseas where they feel they will make good profits because they will be saving on those same union wages. They won't have them there....their costs will be lower per car/truck/whatever.
This is why the unions in the US are losing membership. Union wages are too high for what their skill levels are...and it's playing itself out in the business arena.
posted on December 3, 2005 02:39:19 PM new
Linda, I had no idea that union wages were such a big problem in the U.S. Thanks for pointing that out - I'll read up on it.
posted on December 3, 2005 04:51:58 PM new
Linda - I don't think that GM cars sell badly here because of cost, they sell badly here because they are less reliable, less gas efficient and usually uglier than the cars being made by other makers.
Krafty - Unions really have become problematic for US industry. The concept is great but the reality in many cases is a monster run wild. Too many of them seem to have forgotten that thety were formed to protect workers rather than have a strangle hold on the companies.
It is shocking how little grasp of reality they seem to have. We talked alittle about the grocery workers union strike in Californina two years ago here. Their workers went on strike to protest a, increase in worker contribution for health insuance and a cut back in overtime rates. (No more triple overtime for cashiers making over $20 an hour.) They tried to manipulate the stores by going on strike a couple weeks before Thanksgiving. It was a dumb reason to strike, and an even worse time. Unemployment in California was rampant, there were tons of people willing to take the jobs union workers were not showing up to and in the end, they ended up out of work for months, got nothing better than what they were offered before they went on strike and most lost their full time status when they came back. But the best part is not how badly it was handled in California because if you fast forward a year and head east... union leaders tried to do the exact same thing again in Colorado to the same companies. they even called off a vote when it started looking like the union members were going to vote against the strike (they at least had learned from history). Then you have unions like the Northwest Airlines Mechanics. They are working for an airline that is hanging on for dear life they decide that the best choice, rather than work with th airline to helkp them restructure and get back on stronger ground will be to attempt to screw them as hard and fast as they can while the opportunity still exists.
I think that Unions are a great idea, unfortunately in recent years, they have proven to be a not so great reality.
~~~ • ~~~ • ~~~ • ~~~ • ~~~
An intelligent deaf-mute is better than an ignorant person who can speak.
posted on December 3, 2005 05:39:37 PM new
This is nothing new. Didn't VW build bugs in Mexico to sell to Mexicans? Ford has many assembly plants in that country and the cars were sold in the US. The Japanese have many assembly plants in the US which put together cars for US comsumption. i.e Honda and Toyota to name a few. Believe Ford owns Mazda now Even a US brand auto has parts that are from somewhere else. It is a global economy.
buyhigh
posted on December 3, 2005 10:04:56 PM new
Ford officials refused to comment publicly on speculation about its plants, saying the company's restructuring plans will be announced in January.
The Detroit Free Press already has identified plants that are likely closure targets, including those in St. Louis, St. Paul, Minn., and Cuautitlan, Mexico.
Ford has far more plants than it needs, especially considering its plummeting sales.
Sales for the Dearborn-based automaker are off 4.6% for the year through November.
Ford's North American automotive operations, posted a $2.1-billion pretax loss through September.
I sure hope Ford won't be closing plants next year along with G.M.
posted on December 3, 2005 11:28:52 PM new
Peepa - if they are losing money due to plummeting sales is it more responsible to close plants and lessen their lossen or should they sacrifice the health and wellfare of the company and eventually all pention plans in order by keeping all plants open?
You state that you are a businessman. If you have five stores, but are losing money, do you continue to keep all five stores open because you will have to pay people off even if in the end it could mean bankruptcy and everyone loes their job or do you close the weakest ones and restructure you model to keep yourself solvent and at least keep some employed?
~~~ • ~~~ • ~~~ • ~~~ • ~~~
An intelligent deaf-mute is better than an ignorant person who can speak.
posted on December 4, 2005 07:03:10 AM new
fenix03,
All I pointed out is that it looks like more than just G.M. is getting ready to close U.S. plants in 2006. Nothing more or nothing less but thanks for the business 101 lesson.
Its always so simple and cut and dry if one only thinks about profit and loss in U.S. Plants closing. It becomes much more complex when people also think about the Human side of plant closings.
If Ford closes its plant in Mexico then Neocons like LIAR-LINDA_K can't blame that closing on the cost of Union Labor.
posted on December 4, 2005 09:13:34 AM new
No it's not Peepa. And that's the problem. You don't seem to be willing to accpet reality.
1) Close ineffective or inefficiant plants and lay off 15% of workers but in the end you have a healthy solvent compant thatis able to keep on a large percentage of it's workers, hopefully build on it's success and eventually hire on new people.
2) Play "compassionate", don't close any plant or lay any off but in two years you are bankrupt and employing no one.
That "compassionate" play may have made you look and feel good at the time but in the long run, these companies that are afraid to make the prudent decisions for fear pof being branded as uncaring etc are doing a huge misservice to a much larger group of employees. The fact that you are a business person and are blind to that should scare your employees.
~~~ • ~~~ • ~~~ • ~~~ • ~~~
An intelligent deaf-mute is better than an ignorant person who can speak.
posted on December 4, 2005 04:29:53 PM new
fenix03,
I guess you just want to beat the bottom line drum only. Of course I understand why G.M. is closing U.S. plants.
I also understand that for several years American jobs have been outsourced. Often not because the company was going broke but for greed of a fatter bottom line only.
I also understand since Bush and before Conservative lawmakers. Lawmakers working for the bottom lines in industry and the wealthy did nothing but encourage outsourcing with the laws they made. With little or no thought of the effect on the American middle and working class.
I also fully understand how Bush and the conservative lawmakers only encouraged millions of illegals to flood the work market. Reason cheap labor and fatter bottom lines and more money for the rich.
I also fully understand to support laws that favor industry and the rich only. Conservative lawmakers cut almost every social program to help pay for their laws favoring a select few in America.
I also fully understand that under this conservative government for the last 5 years. The separation of class in America has become greater.
Finally I also realize I don't using your words "Play compassionate", I am compassionate. My family is compassionate and has through the years done well in business being compassionate. So its still possible to run a profitable business and care about the people that make you the money.
Oh sure in my years of business if I only looked at the bottom line. If I didn't care about the people that were helping me make the bottom. If I just used people to make more money without caring about those people. You are right, I would have had fatter bottom lines but no compassion or self respect.
I am hoping that the majority in this country still feel similar to how I feel. If so we can join together and vote the greedy conservatives self-centered lawmakers out of power beginning in 2006.
Just who are conservatives still trying to BULL ROAR. America has a bad war,Hugh personal debt,Hugh national debt,Hugh trade imbalances,Air Lines and now car compaines going broke,we are over run with illagles,and the conservatives say all is well??? I say all is well for WHO?
posted on December 4, 2005 04:39:38 PM new
::I also fully understand how Bush and the conservative lawmakers only encouraged millions of illegals to flood the work market.::
I'm not sure how to tell you this, but I don't think that any adult making less than $200 a month working full time needs encouragement from a foreign government to look for greener pastures. They get all the encouragement and motivation they need right there at home. Lets not ignore WHY they come here and minimize what they are leaving just so that so can lay the blame at the feet of Bush. They have come during every administration.
Like I have said before, there are a number of things that can and should legitimately be blamed on Bush but when you try to throw everything and the kitchen sink into the mix, the only thing you accomplish minimizing the legitimate arguements against his administration.
~~~ • ~~~ • ~~~ • ~~~ • ~~~
An intelligent deaf-mute is better than an ignorant person who can speak.
