So how does GM repay the United States.......

[MrSplitshot]

While I hate to think that they are moving the production to China....I think you guys are missing part of the problem with the Volt. AMERICANS AREN'T BUYING IT. Sales have been dismal for electric cars, Volt included. I think something like 7500 were sold in 2011. Compare that to the number of Impalas or Malibus that they sell and you'll quickly see that 7500 aint jack.

They're going to have to go where they can sell the cars if the Volt is going to survive. Period. That's just business. If I'm going to "invest" in GM...whether I'm the gubment or a private individual...I need them to make smart decisions for their future.

China is the largest emerging market in the world for automobiles. The Chinese are deciding that bikes aren't as cool as cars and they want em.
We're seeing it already in the tire business, with supply that we need here getting diverted to other international destinations, including China....and that has a lot to do with manufacturers balance sheets and the value of the dollar.

GM knows they need to sell the Volt in China if it's going to stay alive for a time when it might be more adopted in the United States. I don't think the government's bailout should play a role in their survival strategy internationally at all...which is also why I'm not a fan of the government bailout in the first place. I'd love to be able to see them keep the production HERE though, and export it to China if it's possible.

[DJD]

Good point....weak sales with a product that took how much R&D and cost to build cant be good!! Wonder how much of our bailout money was wasted on that Gubmnet Motors POS??

I guess if your one of the 8000 who bought one in the US and taking it back for the recall you prolly feel it's time to get rid of it....i would. I mean how long before its next to impossible to get these things fixed? Cost of repairs? These things went for $40k? Unless china has some people with some Jack I don't see them selling them there either.