Tag: outsourcing

GM: Mexico’s Biggest Auto Exporter

General Motors has long been regarded as a beacon of successful American business. But today, they’ve earned themselves a new title: top carmaker and exporter of Mexico. Late last year, GM announced their decision to close plants in Michigan, Ohio, and Baltimore. As a part of this decision, over 14,000 American jobs will be eliminated, the production of several vehicle models will be halted, and the production of cars like the new Chevy Blazer SUV will be moved to Mexico. GM has spent the past several years retooling Mexican plants and preparing to shift vehicle production to facilities in San ... Read more