Saturday, May 30, 2009

GM Saving American Jobs

Yeah, right: GM Stalls Out on America

"Image of new GM begins to show" by Tom Krisher, Associated Press | May 30, 2009

DETROIT - GM said it plans to reopen a shuttered US factory to build subcompact cars. The retooled factory would be able to build 160,000 cars a year and create 1,200 jobs, offsetting some of the 21,000 that will be lost when GM closes 14 factories by the end of next year.

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Also see:
Slow Saturday Special: GM Hides $2 Billion in the Back Seat