GasBuddy News Article

votes

Canada Spends Big to Save GM, So Why Not Mexico?

TIME -- At time when the U.S. and Canada are pouring tens of billions of dollars into General Motors Corp. to give the bankrupt automaker a new lease on life, why is Mexico flying under the radar?

Last month when Washington and Ottawa pledged to invest $60 billion in Detroit's biggest car company, Mexico — a partner in NAFTA and an integrated North-American auto industry — was conspicuous by its absence at the negotiating table.

That's more than a little surprising when you consider that Mexico has overtaken Canada in production of GM vehicles, making such popular name plates as the Chevy Silverado and Suburban. Last year GM made a total of 504,858 vehicles at four assembly plants in Mexico; that's 9% higher than the 463,869 cars and light trucks produced by GM Canada.

Read the Full Article

Submitted Jul 04, 2009 By: JOHNNY95206

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics Post New Topic

Author	Topic: Canada Spends Big to Save GM, So Why Not Mexico?	Topic is locked Back to Topics

REPLIES (newest first)

First Prev

Last

micpie Veteran Author Oregon Posts:465 Points:116,965 Joined:Jun 2009	Message Posted: Jul 4, 2009 2:43:40 PM Ignore micpie Report Abuse I agree w/ roadkillga! You are very wise.
eagleeye2008 Champion Author Wisconsin Posts:3,992 Points:757,240 Joined:Jul 2008	Message Posted: Jul 4, 2009 2:41:14 PM Ignore eagleeye2008 Report Abuse MEXICO TRUELY MUST BE A COUNTRY OF "TAKERS"---NOT "GIVERS" !!!!!
altonb1 Champion Author Pennsylvania Posts:5,007 Points:683,325 Joined:Jul 2005	Message Posted: Jul 4, 2009 2:40:43 PM Ignore altonb1 Report Abuse Mexico is too busy spending money on pamphlets telling their citizens how to sneak into the US to be bothered helping out GM.
srchr Champion Author San Jose Posts:2,473 Points:689,595 Joined:Apr 2008	Message Posted: Jul 4, 2009 2:35:16 PM Ignore srchr Report Abuse They build Fords and VWs in Mexico - they don't need GM
roadkillGA Champion Author Georgia Posts:3,382 Points:485,950 Joined:Jun 2008	Message Posted: Jul 4, 2009 2:35:03 PM Ignore roadkillGA Report Abuse NAFTA-really should be SJTOC-send jobs to other countries, creating jobless prospects. Thanks to slick Willie.
skippypa Champion Author Hawaii Posts:3,499 Points:760,140 Joined:Jun 2008	Message Posted: Jul 4, 2009 2:33:26 PM Ignore skippypa Report Abuse Let Canada spend their money on GM. Mexico was smart being absent from anything to do with GM.
Retowered Champion Author Colorado Posts:4,142 Points:1,721,075 Joined:May 2004	Message Posted: Jul 4, 2009 2:29:29 PM Ignore Retowered Report Abuse Good luck Canada.
Tru2psu2 Champion Author Winston-Salem Posts:6,685 Points:625,130 Joined:Feb 2004	Message Posted: Jul 4, 2009 2:28:08 PM Ignore Tru2psu2 Report Abuse You think Mexico has money???~!!!
ruc2827 Veteran Author Illinois Posts:330 Points:283,970 Joined:May 2004	Message Posted: Jul 4, 2009 2:26:20 PM Ignore ruc2827 Report Abuse Umm, because most GM plants are in Canada. [Edited by: ruc2827 at 7/4/2009 2:26:34 PM EST]
BornToulouse Veteran Author Georgia Posts:411 Points:71,315 Joined:Jul 2009	Message Posted: Jul 4, 2009 2:25:52 PM Ignore BornToulouse Report Abuse GM Mexico has consistently beaten the U.S. in quality ever since 1990 when I visited Ramos Arizpe Assembly Plant. Take a not so modern plant, train local workforce, keep things simple by not automating just for technologies sake, and voila...consistently the leader in quality production. Hats off to all the hard-working and very intelligent Mexican workforce. Now why would they even want to invest in GM's U.S. auto industry? there's no reason to...from their perspective. Just my thoughts...
REVLAW Champion Author San Antonio Posts:5,398 Points:1,028,115 Joined:Jul 2007	Message Posted: Jul 4, 2009 2:23:50 PM Ignore REVLAW Report Abuse Well, with the good old "Cap and Trade (Tax)" initiative, more and more corporate ventures will move north and south out of the USA. It just doesn't make sense to pay more when you can get more for less elsewhere. Too bad the HO administration is too naive to "get it".
DocWyeth Champion Author Pennsylvania Posts:12,754 Points:1,144,185 Joined:Aug 2005	Message Posted: Jul 4, 2009 2:22:12 PM Ignore DocWyeth Report Abuse nojsts I wish you try that out with all your Chinese purchases.
MustangKen Champion Author Denver Posts:3,765 Points:631,950 Joined:Apr 2007	Message Posted: Jul 4, 2009 2:22:11 PM Ignore MustangKen Report Abuse Mexico only "gives" illegal aliens. [Edited by: MustangKen at 7/4/2009 2:22:42 PM EST]
coreymore1 Champion Author Texas Posts:9,894 Points:1,179,135 Joined:Sep 2005	Message Posted: Jul 4, 2009 2:20:38 PM Ignore coreymore1 Report Abuse The govt should remember this down the line. Move all production back to US and Canada
nojsts Champion Author St. Louis Posts:14,043 Points:2,828,980 Joined:May 2002	Message Posted: Jul 4, 2009 2:18:52 PM Ignore nojsts Report Abuse Do not buy anything made in Mexico. If these companies want to make their products in mexice then let the mexicans buy them.
FISHERW All-Star Author Winnipeg Posts:516 Points:284,215 Joined:Apr 2009	Message Posted: Jul 4, 2009 2:17:25 PM Ignore FISHERW Report Abuse money can not save GM, but themself
1fulltank Champion Author Buffalo Posts:2,980 Points:575,900 Joined:Nov 2008	Message Posted: Jul 4, 2009 2:16:08 PM Ignore 1fulltank Report Abuse Good question, unless they have no stilts to prop it up.
MikLamb Champion Author Texas Posts:3,038 Points:1,197,190 Joined:Jun 2006	Message Posted: Jul 4, 2009 2:13:34 PM Ignore MikLamb Report Abuse Let's see if Mexico's policy will be shortsighted in a few years. I think it will be.
Gerg001 Champion Author San Bernardino Posts:2,402 Points:675,620 Joined:Feb 2006	Message Posted: Jul 4, 2009 2:13:17 PM Ignore Gerg001 Report Abuse Buy quality.
mysub Champion Author Las Vegas Posts:4,293 Points:1,361,465 Joined:Apr 2006	Message Posted: Jul 4, 2009 2:11:27 PM Ignore mysub Report Abuse Mexico doesn't do anything for anybody except themselves.They love to take but never give.
Dipstick1 Champion Author Amarillo Posts:5,110 Points:1,471,840 Joined:Jan 2006	Message Posted: Jul 4, 2009 2:10:29 PM Ignore Dipstick1 Report Abuse Sounds just like Mexico.
onedoc Rookie Author St. Louis Posts:35 Points:590,790 Joined:Jun 2007	Message Posted: Jul 4, 2009 2:07:34 PM Ignore onedoc Report Abuse Government Motors should be returned to private owners ASAP.
checkum Champion Author St. Louis Posts:3,330 Points:659,465 Joined:Jan 2008	Message Posted: Jul 4, 2009 2:06:45 PM Ignore checkum Report Abuse It's called the selling out of America for the almight buck. If it's not China then it's some other country and I think it boarders on treason!!!
waynemustang Champion Author Indiana Posts:3,199 Points:840,120 Joined:Nov 2006	Message Posted: Jul 4, 2009 2:06:07 PM Ignore waynemustang Report Abuse Mexico wants everything?? Mexicans are doing the most to help GM: purchasing GM vehicles!
waynemustang Champion Author Indiana Posts:3,199 Points:840,120 Joined:Nov 2006	Message Posted: Jul 4, 2009 2:03:37 PM Ignore waynemustang Report Abuse It's not about Mexican government spending to save GM, it's about cutting taxes so the business can thrive without this huge penalty.
balljars Champion Author Michigan Posts:3,628 Points:720,300 Joined:Aug 2008	Message Posted: Jul 4, 2009 2:02:01 PM Ignore balljars Report Abuse Mexico wants everything. Not a good sign of cooperation. Maybe GM should close those plants.
JohnLev Champion Author Orange County Posts:5,822 Points:763,980 Joined:May 2008	Message Posted: Jul 4, 2009 2:01:46 PM Ignore JohnLev Report Abuse Since we - the American public - won't buy the crappy cars from GM and Chrysler, the government will take our tax money and give it to them, instead and reward them for the terrible job they are doing. If you want to buy American, buy Ford, Honda, Toyota, and Nissan cars. They all produce cars in the US. All you have to do is check if the first digit of the VIN is the number 1 - that means the car or truck was made in the US. Don't buy GM or Chrysler and reward them for stealing our money when they could not earn it by building decent cars at a decent price.
MedicKirk1 All-Star Author New Hampshire Posts:847 Points:436,215 Joined:May 2008	Message Posted: Jul 4, 2009 1:57:11 PM Ignore MedicKirk1 Report Abuse Tomorrow I'll stiill be asking myself, "How was I supposed to know?"
mandoid Champion Author Colorado Springs Posts:2,886 Points:611,570 Joined:May 2008	Message Posted: Jul 4, 2009 1:51:46 PM Ignore mandoid Report Abuse support republican senators attempt to divest the government of owning GM. Senators Thune and Demint are both trying to introduce legislation.
dcjones1000 Sophomore Author Illinois Posts:191 Points:920,595 Joined:Jul 2007	Message Posted: Jul 4, 2009 1:49:02 PM Ignore dcjones1000 Report Abuse They may still follow suit.
jimborama Veteran Author Edmonton Posts:330 Points:769,575 Joined:Mar 2007	Message Posted: Jul 4, 2009 1:40:43 PM Ignore jimborama Report Abuse I guess I will have to keep paying for crap I will never buy
hockeydadOH Sophomore Author Cincinnati Posts:201 Points:69,810 Joined:Jun 2009	Message Posted: Jul 4, 2009 1:39:41 PM Ignore hockeydadOH Report Abuse Move those jobs up here to stimulte OUR economy..
djgunrunner Champion Author Salt Lake City Posts:4,799 Points:1,380,665 Joined:Apr 2005	Message Posted: Jul 4, 2009 1:38:41 PM Ignore djgunrunner Report Abuse If Mexico put in with the rest of them we would be getting our own money back.
TRAIN RIDER Champion Author San Bernardino Posts:4,246 Points:1,791,140 Joined:Oct 2004	Message Posted: Jul 4, 2009 1:35:47 PM Ignore TRAIN RIDER Report Abuse MAYBE THEY WILL NATIONALIZE GM IN MEXICO.
dabuzman Champion Author Seattle Posts:3,794 Points:997,875 Joined:Apr 2006	Message Posted: Jul 4, 2009 1:34:51 PM Ignore dabuzman Report Abuse IF they don't want to help then lets then close those plants. Buy America is what is going to save us and we really need to look at this.
Tnerbeel Champion Author Houston Posts:3,732 Points:773,610 Joined:Mar 2007	Message Posted: Jul 4, 2009 1:34:50 PM Ignore Tnerbeel Report Abuse They are profitable because "GM ... managed to keep the cost of production south of the California and Texas borders at Third World levels, thanks largely to Mexico's weak unions" Go figure. Interesting that TIME would choose to use the adjectives 'Third World' and 'weak' to describe these unions that actually allow their companies to make money. But then, consider the source.
outridin Champion Author Illinois Posts:10,329 Points:2,072,835 Joined:Jan 2004	Message Posted: Jul 4, 2009 1:34:31 PM Ignore outridin Report Abuse mexico is smart enough to keep their money. also , do they have any money to give?
Daphne2001 Rookie Author Virginia Posts:11 Points:1,955 Joined:Jul 2009	Message Posted: Jul 4, 2009 1:33:24 PM Ignore Daphne2001 Report Abuse Mexico just wanted to let us pay for them
Rajah Champion Author Illinois Posts:4,686 Points:1,508,745 Joined:Jul 2005	Message Posted: Jul 4, 2009 1:31:41 PM Ignore Rajah Report Abuse Then close the Mexican plants.. Move the jobs back to the US. Seems like the right thing to do.
tobasco Champion Author Los Angeles Posts:5,609 Points:1,352,725 Joined:Mar 2004	Message Posted: Jul 4, 2009 1:31:27 PM Ignore tobasco Report Abuse Mexico makes more from drug sales.
UncleCurt Champion Author Winnipeg Posts:3,571 Points:553,010 Joined:Feb 2009	Message Posted: Jul 4, 2009 1:28:42 PM Ignore UncleCurt Report Abuse Mexican government went with the "let them fall policy." [Edited by: UncleCurt at 7/4/2009 1:28:54 PM EST]
roadrunnerMO Champion Author Kansas Posts:3,416 Points:730,370 Joined:Jul 2008	Message Posted: Jul 4, 2009 1:28:07 PM Ignore roadrunnerMO Report Abuse Why should Mexico contribute? They are used to getting for nothing. Why change that?
matman01 Champion Author Detroit Posts:9,154 Points:1,009,420 Joined:May 2007	Message Posted: Jul 4, 2009 1:26:17 PM Ignore matman01 Report Abuse YOu'd think that the Mexican Government would kick in a little to help GM.
ScrewArnold Veteran Author California Posts:301 Points:223,790 Joined:Oct 2008	Message Posted: Jul 4, 2009 1:22:45 PM Ignore ScrewArnold Report Abuse Go figure Mexico not helping GM or the USA they get everything giving to them why give back
adapal Veteran Author Reading Posts:481 Points:222,340 Joined:Dec 2008	Message Posted: Jul 4, 2009 1:20:59 PM Ignore adapal Report Abuse No one thinks of Mexico . . . . or is it that the US is now a state of Mexico?
unicornpmb Champion Author Buffalo Posts:3,512 Points:647,550 Joined:Sep 2005	Message Posted: Jul 4, 2009 1:19:12 PM Ignore unicornpmb Report Abuse Go Canada