GM pulling out of Mexico, jobs returning to the US.

[Scissors]

It's a win for the unions.

[Mark C5]

Average American auto worker compensation $55.00/hr, average Mexican auto worker compensation $7.00/hr. Then of course there's the legacy costs, none in Mexico. Sounds political to me, remember who owns a good bit of GM.

[NB2K]

GM is spending 500M in Mexico to build a new engine plant, but at least some jobs are coming back here.

[LATB]

Originally Posted by Mark C5

Average American auto worker compensation $55.00/hr, average Mexican auto worker compensation $7.00/hr. Then of course there's the legacy costs, none in Mexico. Sounds political to me, remember who owns a good bit of GM.

BarryO needs the votes

[Ch@0s]

Good News!

[Dan Dlabay]

It's good to hear that GM is pulling manufacturing out of Mexico and bringing it to the U.S. and reopening and adding shifts to plants. This could also increase American suppliers to supply these plants.

[snide]

Originally Posted by carlton_fritz

How much < $19?

Stay at Cummins.

[Kerrmudgeon]

Message to the UAW supporters....

A well paying Job with benefits, that allows a worker to pay his bills and support his family, is better than NO job at all.

[snide]

Originally Posted by Kerrmudgeon

Message to the UAW supporters....

A well paying Job with benefits, that allows a worker to pay his bills and support his family, is better than NO job at all.

But, but, but, Obama will pay all my bills.

[polarbear]

Originally Posted by Stangkiller

That's interested, I wonder if this was more politically or economically motivated.

Those two concepts are joined at the hip- but probably not the way you were thinking. Mexico is functionally in the middle of a Civil War. Watch both foreign and domestic nameplates cross back over to this side of the border as they realize the true costs of manufacturing in a third world country without a stable political/economic base.