Monday, June 8, 2009

GM News

Just a quick note from blogHQ. GM made deals to sell two of its brands last week. Hummer is going to a Chinese conglomerate. Saturn is being sold to Penske - an auto parts, car dealership, auto racing concern based in Michigan. For the near term, GM will manufacture Hummers and Saturns at its existing factories under license for the two buyers, which will then resell the vehicles. It is predicted, especially for Hummer, that production will move overseas - Expect to see Chinese built Hummers in Shanghai pretty soon (possibly driven by the People's Army, until they run out of the People's gas!). Penkse may keep some Saturn production in the US, but that would depend on number of factors that are hard to predict right. Both deals are tentative, especially the Hummer sale, which requires Chinese Government approval.

1 comments:

Unknown said...

Guys,

Being on the road, you may not have heard that one of our country's greatest "patriots," Hugh Hewitt, is calling for a GM boycott. Hiding behind Hugh's skirt, that other "Last American Patriot" Rush Limbaugh said on his show this week that, "Nobody wants to support an Obama company."

This is so over the top. Even Fidel Castro is saying, "C'mon guys, have a heart. Lighten up a little."

People, please donate whatever little bit you can to this important cause--the important cause of paying off the doctors to finally pull the plug on the respirator that is keeping these two brain-dead miscreants alive. These guys are sitting comfortable on their fat bank accounts, amassed from preaching logical fallacies to a choir of lemmings. But they are willing to see millions of American families suffer just so they can claim bragging rights to, "I told you (America) so."

Is there anyone more self-absorbed and selfish than these two men? Even my cat brings me a dead mouse now and then.

Tom Ersin

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