Volt going to China...bye bye invested tax dollars - PeachParts Mercedes-Benz Forum

jplinville · #1 01-05-2012, 06:19 AM

Obama caves to China - GM EV (VOLT) Technology, Jobs, going to China | MyFDL

Thanks for the Memories: GM May Move All Volt Production to China | TheBlaze.com

Dave Donaldson · #2 01-05-2012, 06:56 AM

This is so wrong,,,!!!!! how could this happen,, who is driving the bus ???
Sry I try not to comment on stuff that is none of my business, but ,,,,,

Air&Road · #3 01-05-2012, 07:03 AM

Quote:

Originally Posted by Dave Donaldson

This is so wrong,,,!!!!! how could this happen,, who is driving the bus ???
Sry I try not to comment on stuff that is none of my business, but ,,,,,

Who's driving the bus? His name is Barack Obama.

Pavka007 · #4 01-05-2012, 07:09 AM

They didn't let China get their hands on SAAB because of GM patents and now they give them all this stuff??? This is such a BS.... Someone in the hill need to take his head out of his a$$ and start helping US not China.....

lutzTD · #5 01-05-2012, 07:31 AM

imagine how much more profitable the chinese business will be if they get all the research handed to them, its no wonder we cant compete, we shoot ourselves in the foot then say go, this is the change we had the audacity to hope for?

layback40 · #6 01-05-2012, 07:45 AM

Well there you go !!
Your police cars are being built in Australia .
& now the pride of the GM R&D is being given to China !!!
Interestingly the first Volts are just arriving in Australia.
They would have been better giving Saab to China & keeping the Volt.
Give it a few more years & GM will be a Chinese company !!

ramonajim · #7 01-05-2012, 07:54 AM

Hang on - a non-governmental US company made a deal with a long-term Chinese partner and the Chinese government to share technology.....

This is Obama driving the bus how?

jplinville · #8 01-05-2012, 08:04 AM

Quote:

Originally Posted by layback40

Give it a few more years & GM will be a Chinese company !!

It's being given to them one piece at a time...

The US Government still owns 26% of the company.

jplinville · #9 01-05-2012, 08:05 AM

Quote:

Originally Posted by ramonajim

Hang on - a non-governmental US company made a deal with a long-term Chinese partner and the Chinese government to share technology.....

This is Obama driving the bus how?

26% ownership by the taxpayers because of Obama...that's how.

strelnik · #10 01-05-2012, 08:29 AM

Quote:

Originally Posted by Pavka007

They didn't let China get their hands on SAAB because of GM patents and now they give them all this stuff??? This is such a BS.... Someone in the hill need to take his head out of his a$$ and start helping US not China.....

It was not just GM patents, it was former Swedish patents. The Swedish patents, like Sweden itself, are registered under European Cmmunity Patent infrastructure and the Berne Convention of Intellectual Property, and the Chinese have no sway over either.

What are Chinese gonna do? Sell their Swedish bonds?

Oh but wait! Sweden doesn't have a deficit! Hmm, maybe that's why their country can do what it feels is in the best interest of its citizens!

Wow, what a radical concept!

catmandoo62 · #11 01-05-2012, 08:42 AM

as far as i'm concerned they can have the dolt.from what i understand it can only go 30-40 miles on a charge.what the hell good is that.i drive 200 miles a day and my girlfriend drives 60,so it don't do us no good i'll keep my tdi thanks anyway.looks like china better get some major electric production goin on over dar to handle all the dolts.maybe it's time we started giving crap to china instead of them sending it over here.

jplinville · #12 01-05-2012, 08:45 AM

China never should have been granted MFN status. They don't adhere to copyright laws, and are most willing to copy everything.

t walgamuth · #13 01-05-2012, 09:04 AM

I saw a volt parked on the street yesterday. It looked exciting from a distance. Up close it looked bloated and had cheap touches like the black painted area under the windows. Prolly looks good in photos. The nose is interesting. Looks like it has a radiator at first glance but all the grill slots are blind (not openings just impressions in the plastic).

If I ever buy a new car again it will prolly be a VW jetta wagon diesel with stick. Til then I will probably stick with my trusty old 123 and 126 benzes.

Pavka007 · #14 01-05-2012, 09:23 AM

Quote:

Originally Posted by strelnik

It was not just GM patents, it was former Swedish patents. The Swedish patents, like Sweden itself, are registered under European Cmmunity Patent infrastructure and the Berne Convention of Intellectual Property, and the Chinese have no sway over either.

Well this is not entirely correct. The GM have blocked the sale stating that they don't want China to get hold of their patents, not the SAAB.

"On 6 December 2011, GM announced that it would not continue its licenses to GM patents and technology to SAAB if the company had been sold to Pang Da and Zhejiang Youngman, stating that the new owner's use of the technology is not in the best interest of GM investors. Because of this, Saab started working on a new proposal which would not change the original ownership structure and would not include a Chinese partner as an owner of the company, but instead as a 50% owner of a new daughter company."

and more:
"
In a last bid for survival, Saab had been trying in recent months to arrange an infusion of cash from Chinese investors, including Zhejiang Youngman Lotus Automobile.
But “G.M. said over the weekend ‘whatever happens, come hell or high water, we won’t support a deal with Youngman,”’ Mr. Muller said.
“I honestly don’t know” why G.M. refused to budge, he added. “They wouldn’t tell me.”
He said there remained a glimmer of hope for Saab, as there were still “parties out there that have expressed an interest.” But the automaker’s fate, he said, now rested in the hands of its receivers."

http://www.nytimes.com/2011/12/20/business/global/saab-files-for-liquidation.html

ramonajim · #15 01-05-2012, 09:27 AM

Quote:

Originally Posted by jplinville

26% ownership by the taxpayers because of Obama...that's how.

Fact: bail-out started under Bush, not Obama.

Quote:

WASHINGTON — The emergency bailout of General Motors and Chrysler announced by President Bush on Friday gives the companies a few months to get their businesses in order, but hands off to President-elect Barack Obama the difficult political task of ruling on their future.

The plan pumps $13.4 billion by mid-January into the companies from the fund that Congress authorized to rescue the financial industry. But the two companies have until March 31 to produce a plan for long-term profitability, including concessions from unions, creditors, suppliers and dealers.

In February, another $4 billion will be available for G.M. if the rest of the $700 billion bailout package has been released.

source: NYT December 2008

But then why should facts get in the way of politics.... just spin it hard enough, and history re-writes itself:

Quote:

In a June 8 article headlined, "Republicans hope General Motors is President Obama's Hurricane Katrina," the Politico reported that the "GOP sees President Barack Obama's decision to help the unpopular carmaker as an easy opportunity to paint him as a bailout-happy, deficit-drunk spendthrift."

source: Media Matters June 2009