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Old 06-21-2011, 09:36 AM   #1
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Xinhua Chicago May 10 (Xinhua Zhu Zhu) 10, GM announced a plan to the United States a total of eight states and chapters of 17 auto assembly factories increased investment in two billion U.S. dollars,tods shoes 2011, the investment plan expected to directly create or retain more than 4,000 jobs.

GM Chairman and CEO Daniel Exxon said the company since 2009, has total investment of over 3.4 billion,tods bags sale, and multiplication or retain more than 9,000 jobs, will immediately proceed additional investment, is based aboard market demand and trust in the U.S. economy.

GM was the premier investment plan announced last week, ambition be Bowling Green, Kentucky, to cost 131 million for the rehabilitation and upgrading of the regional plant. The remaining investment ambition be gradually released in the coming months.

U.S. industry research firm Center for Automotive Research estimates namely GM's investment plans for the economy contribution of 2.9 billion U.S. revenue, and build or retain over 28,000 jobs, including 4,083 jobs instantly produced in General Motors, the remaining digit of jobs tin be produced in the upstream and downstream undertakings.

Xiaoen Mai, chief economist at the Carrington Research Center, said that this likewise proves that the automobile companies did the U.S. government bailout is the right choice.

GM workers international,tods, a aggregate of 20 million folk, about 1979, the peak of the third. Which, in the United States a total of 77,000 employees,tods womens, including 49,000 salaried period employees and 28,000 employees.

behalf from mighty claim as energy-saving models, General Motors final week reported first-quarter profit of 3.2 billion,cheap tods shoes, substantially more than anticipated, up 270% over last year for bankruptcy reorganization in 2009 the fifth consecutive 15 min since the profits.

General Motors in June 2009 bear the financial emergency kick, affirmed bankruptcy. After the U.S. administration injected 49.5 billion U.S. dollars apt the corporation bailout asset in exchange for 60.8% of GM mutual stock and 21 billion greenbacks in accepted stock, and company restructuring.

It is understood that Chrysler and additional auto companies recently announced a array of plant transformation and upgrade program is expected that these investments will hasten the growth and economic recovery in the U.S. auto industry assist.

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