SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 139.05-0.2%Nov 17 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
Hawkmoon
To: Hawkmoon who wrote (264)12/10/2013 12:05:28 PM
From: Kirk ©1 Recommendation   of 26528
 
Here is an interesting story from my Seeking Alpha feed along the lines of your concern
GM continues to vacillate over Aussie operations.
GM ( GM) hasn't yet decided whether to end production in Australia after 2016, the carmaker said today as it kept up the pressure on the country's government to provide more aid to the industry. The comments are in contrast to a report on Sunday that said that GM planned to halt manufacturing in Australia, where the company has been hit by the strong Aussie dollar.
"Devereux said it cost $3,750 more to build a car in Australia than at GM's other plants in Asia, and that gap would have to shrink with the help of government assistance and further cost-cutting in order to keep the operations open."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News