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General Motors to buy Indian auto parts worth $1 billion by 2008

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Ruby Romaine Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 03:58 PM
Original message
General Motors to buy Indian auto parts worth $1 billion by 2008
NEW DELHI -- General Motors Corp. plans to buy $1 billion worth of automobile parts from India each year by 2008 as part of cost-cutting efforts at the world's biggest automaker, a senior executive at its local subsidiary said Friday.

http://www.freep.com/news/latestnews/pm5372_20050805.htm
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Warren Stupidity Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 04:01 PM
Response to Original message
1. Great.
Another whole mess of good paying high skill manufacturing jobs just went to some other continent. Not too worry, as soon as our standard of living is equivalent to India we will start getting those jobs back again.
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Eloriel Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 04:09 PM
Response to Reply #1
3. Yep, yet another way to outsource jobs. n/t
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VegasWolf Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 04:02 PM
Response to Original message
2. Leave no job behind! nt
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wli Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 04:10 PM
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4. no job left in the US
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TahitiNut Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-05 05:35 PM
Response to Original message
5. Watch the value of the dollar drop like a stone.
What we buy most of ... we explode. We export dollars, jobs, and war.
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