GM to build 2013 Cadillac XTS in China

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[h=1]GM to build 2013 Cadillac XTS in China this year[/h]


General Motors Co. announced Monday at the Beijing auto show that it will begin building its all-new 2013 Cadillac XTS sedan in China this year and later will build the ELR luxury electric coupe in the country.


The production announcements mark a significant step in GM's push for Cadillac to become a global brand.


"Introducing the XTS is part of our strategy of adding one new model per year to our Cadillac lineup in China through 2016 to address the needs of luxury car buyers nationwide," GM Chairman and CEO Dan Akerson said in a statement.


ELR technology details, production location and its Chinese introduction date will be announced at a later time, according to a news release. The XTS will be available in the fourth quarter in China and will be manufactured by Shanghai General Motors, a partnership between GM and SAIC Motor Corp.


The announcement follows a report earlier this month in The Detroit News that GM was expected to announce at the auto show that it would build XTS in China later this year. Joel Ewanick, GM's global chief marketing officer, also told The News that the all-new Cadillac ATS, a compact luxury sedan, and the popular midsize CTS sedan will eventually be built in China.


Ewanick said GM will build its brand in China and then Europe to grow the brand over the next decade.


http://www.detroitnews.com/article/.../auto01/GM-build-2013-Cadillac-XTS-China-year

:lol:

I am sure the unions are happy about this.
 
And there goes the taxpayer investment for US jobs.......fuckin wasted


The stink in Washington DC comes from B.O.
 
I wonder if union owned GM will force all it's Chinese employees to join a union and demand better working conditions from them.......
 
Yurt said:
lmao

i knew dune would support this while bitching about companies moving jobs overseas.

LOOOOOOOOOOOOOOOOOOOOOOOL
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Not one single American job is being moved to China as a result of this decision by GM. Some of you people just can't read and others need a fucking nap.
 
is it safe to conclude that if they built this car in the US, Americans would have gotten jobs building it in the US?.....I think so....
 
Gatorman said:
Not one single American job is being moved to China as a result of this decision by GM. Some of you people just can't read and others need a fucking nap.
Click to expand...

Every one of those jobs could be done by an American... you know, the ones whose tax dollars bailed out GM?
 
Gatorman said:
Not one single American job is being moved to China as a result of this decision by GM. Some of you people just can't read and others need a fucking nap.
Click to expand...

it has already been pointed out how retarded you are for making this statement. no surprise dune thanked it.
 
Superfreak said:
Every one of those jobs could be done by an American... you know, the ones whose tax dollars bailed out GM?
Click to expand...

Bullshit, freako. Those cars are being built for the Chinese economy. Were those cars to be built in the US the labor costs alone would make export to China impossible and not to mention the other costs of American manufacturing, power, real estate, management, etc. In addition, the cost of transportation for each car this country would produce and being exported to China is approximately $1,400 per unit. Again making the ultimate cost in the Chinese market prohibitive. The GM profits will ultimately make their way back to this country but the cars, as stated, will remain in China whose market they are designed. But, if anyone wants to go and get one I am certain that can be arranged.
 
Gatorman said:
Bullshit, freako. Those cars are being built for the Chinese economy. Were those cars to be built in the US the labor costs alone would make export to China impossible and not to mention the other costs of American manufacturing, power, real estate, management, etc. In addition, the cost of transportation for each car this country would produce and being exported to China is approximately $1,400 per unit. Again making the ultimate cost in the Chinese market prohibitive. The GM profits will ultimately make their way back to this country but the cars, as stated, will remain in China whose market they are designed. But, if anyone wants to go and get one I am certain that can be arranged.
Click to expand...

To say nothing of China's import tarrif.
 
:lol:

Doing more reading on the subject, looks like all the automakers are opening up big billion dollar factories in China. Cheaper wages, highly skilled labor force, I see the US factories slowly closing up shop and moving most of their production work to China. Does anybody else remember when the USA used to make TV's, where are they all made now?
 
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