GM CANADA CLOSING SHOP!?

[Keith Tedford]

Chris Buckley is talking a little more interested in doing a wage and benefits deal now. I don't think GM needs GM of Canada as much as we need them, especially right now. I was told that if they all worked for free, a $50K truck might drop in price by about $4500. That isn't going to save GM, but If everyone from the top to the bottom gives a little, something might just get worked out. I think that the real problem is that all the jobs have gone to China, and now it is going to be the auto industry as well. You just can't compete with 1.3 billion slaves, unless you can figure out how to live on less that $1 per hour. The multinationals and the Communist Chinese government have a pretty cozy deal going and it is destroying our economies. Check this out.
http://en.autos.sympatico.msn.ca/new...entid=17439761

Just a little side note. The Camaro line workers were called back in early November. It usually takes a couple of months to get everyone trained and up to speed on jobs. Lots of little problems to work out on equipment that needs reworking to run smoothly. The cars must showing up on dealers' back lots by now unless there are a lot of them sitting in Oshawa.