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GasBuddy News Article

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Canada Spends Big to Save GM, So Why Not Mexico?

TIME -- At time when the U.S. and Canada are pouring tens of billions of dollars into General Motors Corp. to give the bankrupt automaker a new lease on life, why is Mexico flying under the radar?

Last month when Washington and Ottawa pledged to invest $60 billion in Detroit's biggest car company, Mexico — a partner in NAFTA and an integrated North-American auto industry — was conspicuous by its absence at the negotiating table.

That's more than a little surprising when you consider that Mexico has overtaken Canada in production of GM vehicles, making such popular name plates as the Chevy Silverado and Suburban. Last year GM made a total of 504,858 vehicles at four assembly plants in Mexico; that's 9% higher than the 463,869 cars and light trucks produced by GM Canada.



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Submitted Jul 04, 2009 By: JOHNNY95206
Category: Daily News Article Discussions > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: Canada Spends Big to Save GM, So Why Not Mexico? Post a Reply Back to Topics
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Sophomore Author Halifax

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Message Posted: Jul 5, 2009 9:15:01 AM

You can thank the greedy unions for driving wages so high and thus the operating costs in Canada and the US of A.
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Champion Author Arkansas

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Message Posted: Jul 5, 2009 6:22:14 AM

The article poses a very fair question. And while they're at it why not ask if they're planning to fund welfare programs for their citizens rather than expecting neighbor countries to assume that burden?
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Champion Author Grand Rapids

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Message Posted: Jul 5, 2009 5:44:59 AM

Mexico seems to want the US to fund their needs. Why would they pitch in even if it makes business sense?
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Champion Author Little Rock

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Message Posted: Jul 5, 2009 1:43:09 AM

HELL FREEZES OVER FASTER THAN THIS IS WHY MEXICO ISNT TAKING CHARGE
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Sophomore Author Ohio

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Message Posted: Jul 5, 2009 1:42:59 AM

Threaten to take the jobs out of Mexico and watch them join in.
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Champion Author Chicago

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Message Posted: Jul 5, 2009 1:14:43 AM

this is a good article.
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Champion Author South Carolina

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Message Posted: Jul 5, 2009 12:50:26 AM

Low to no union costs are the reason. GM Mexico is in the black. You don't need a bailout if your are profitable.
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Champion Author Indianapolis

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Message Posted: Jul 4, 2009 10:45:10 PM

Their should be a penalty for Mexico, but they know that it is cheaper for GM to build in Mexico and Obama will take care of bailing GM out.
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Champion Author Atlanta

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Message Posted: Jul 4, 2009 10:35:23 PM

All the American car companies have plants in Mexico (including Ford). With UAW wages so high, it makes more and more economic sense to use Mexico for much of their manufacturing.
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Champion Author Ontario

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Message Posted: Jul 4, 2009 5:47:19 PM

If Mexico doesn't chip in then Canada should put a high sales tax on the Chevy Silverado and Suburban, and any other GM vehicle that isn't made in Canada.

I wasn't asked if I was in favour of giving GM any of my tax money.

If I had my say I would have said to let GM either sink or get out of this mess all by themselves.

The Canadian taxpayer didn't get GM into the mess they are in, and the Canadian taxpayer shouldn't have to rescue GM.

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Champion Author Arkansas

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Message Posted: Jul 4, 2009 5:43:20 PM

Mexico hasn't been lobotomized by Obama yet.
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Champion Author Alberta

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Message Posted: Jul 4, 2009 5:38:08 PM

It is a high price for Canada to pay for so few jobs.
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Champion Author Michigan

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Message Posted: Jul 4, 2009 5:34:25 PM

HATE TO SAY IT. But why should they. The auto maker is happy to build cars there with low wages, minimal regulations, no employee benefits and no penalty to bring products north of the border. So the country has no need to do more.
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Champion Author Tampa

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Message Posted: Jul 4, 2009 5:27:54 PM

they are saving their oun economy, the Mex's will wait for the illegals to send mony back to Mexico
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Champion Author Michigan

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Message Posted: Jul 4, 2009 5:27:48 PM

Maybe it's time we pulled out our manufacture base out of Mexico.
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Champion Author Florida

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Message Posted: Jul 4, 2009 5:24:36 PM



It's typical of Mexico to bail..
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Champion Author California

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Message Posted: Jul 4, 2009 5:23:14 PM

They are smart enough to let things happen and not get involved.
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Champion Author Albuquerque

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Message Posted: Jul 4, 2009 5:22:59 PM

Mexico just doesn't care.
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Champion Author Ontario

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Message Posted: Jul 4, 2009 5:20:57 PM

mexico knows its still cheaper to build in their country...
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All-Star Author Indiana

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Message Posted: Jul 4, 2009 5:19:22 PM

Close the border now!
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Champion Author Halifax

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Message Posted: Jul 4, 2009 5:13:55 PM

Mexico will suffer again. They are trying to undercut Canada and the US and take industry for cheap wages. It will backfire.
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All-Star Author Missouri

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Message Posted: Jul 4, 2009 4:29:48 PM

because they are smart,,,,GM done this to themselves....let them figure out how to get out of it on their own
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All-Star Author Rochester

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Message Posted: Jul 4, 2009 4:25:17 PM

As long as they know the labor is cheap, they'll not change a thing.
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Champion Author Detroit

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Message Posted: Jul 4, 2009 4:03:26 PM

Because why should they we are doing it for them.
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Champion Author Missouri

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Message Posted: Jul 4, 2009 3:55:58 PM

That's where Chrysler is going too.
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Champion Author Kansas City

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Message Posted: Jul 4, 2009 3:55:42 PM

need to take the job out and close the border
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Champion Author Virginia

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Message Posted: Jul 4, 2009 3:51:34 PM

Great. (Why would Mexico want to pay for anything when the American tax payer can cover it for them whether we (the American Tax payer) want to or not.)

[Edited by: Wildman14 at 7/4/2009 3:52:08 PM EST]
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Sophomore Author Seattle

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Message Posted: Jul 4, 2009 3:50:52 PM

I think Mexico should have all of GM's production and Debt and the Exec's can go as well.
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Champion Author Fort Worth

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Message Posted: Jul 4, 2009 3:50:41 PM

if mexico does not help move the companys back here. we need the damn jobs and it is our money that obama used to do this B.S.
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Champion Author Riverside

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Message Posted: Jul 4, 2009 3:49:53 PM

Mexico as a trading partner? Not who I would want backing me up were I GM... and not surprising, either...
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Champion Author Maryland

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Message Posted: Jul 4, 2009 3:46:00 PM

With low priced, non-union labor, where else is GM going to go?
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Champion Author Massachusetts

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Message Posted: Jul 4, 2009 3:43:51 PM

Because Mexico knows thy'll get it for ZIP.
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Champion Author London

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Message Posted: Jul 4, 2009 3:40:27 PM

guess GM loves mexicans - they give them jobs they not even asking for any money - now is time that GM sells in Mexico or they can sit on inventory
Mexican government must be much smarter then US and Canadian together

[Edited by: kruk at 7/4/2009 3:42:06 PM EST]
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Champion Author Gary

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Message Posted: Jul 4, 2009 3:35:34 PM

Would not trust Mexico anyway!
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Champion Author Detroit

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Message Posted: Jul 4, 2009 3:31:52 PM

The mexicans are probably thinking, "Why kill a good thing"?
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All-Star Author Tacoma

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Message Posted: Jul 4, 2009 3:26:38 PM

THey want our dollars and thats all.
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Champion Author Riverside

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Message Posted: Jul 4, 2009 3:26:11 PM

a little surpising, but labor cost are much cheaper in mexico
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Champion Author Mississippi

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Message Posted: Jul 4, 2009 3:26:06 PM

Damn if you do and damn if you don't. Neither the US nor Canada had the money to help out GM, but they did.
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Champion Author Hartford

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Message Posted: Jul 4, 2009 3:22:16 PM

I guess the US wasn't the only stupid country.
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All-Star Author Indiana

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Message Posted: Jul 4, 2009 3:19:29 PM

Yea why not Mexico or any other country in the world.
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Veteran Author London

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Message Posted: Jul 4, 2009 3:04:12 PM

it make sence, mexico is much cheaper to build & no unions.
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All-Star Author Madison

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Message Posted: Jul 4, 2009 2:57:11 PM

We all knew that MEXICO would take over the failing GM vehicle line. It was only a matter of time.
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Champion Author Oklahoma City

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Message Posted: Jul 4, 2009 2:56:49 PM

I sure canada think they done the wright thing. But I know Mexico did the wright thing.
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Champion Author Wichita

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Message Posted: Jul 4, 2009 2:56:06 PM

if mexico dose not help they should move back to the us or canada.
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Sophomore Author Virginia

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Message Posted: Jul 4, 2009 2:52:35 PM

Wow. Amazing amount of racism represented by posters here. Do you all treat people of other ethnic backgrounds this way to their faces?
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Champion Author South Carolina

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Message Posted: Jul 4, 2009 2:52:14 PM

No one is left in Mexico to run the plant, they are all in the US.
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Champion Author Tennessee

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Message Posted: Jul 4, 2009 2:51:15 PM

They've dumped their trash across our border for decades, why help us now?!?
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Rookie Author Houston

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Message Posted: Jul 4, 2009 2:46:46 PM

Mexico dumps all of its problems on the Us and never does a think to help us or anyone else.

isn't it interesting we are supporting so many of their citizens and all we have is talk about this and things never change.
Look what happened to California.
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Veteran Author Oregon

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Message Posted: Jul 4, 2009 2:43:40 PM

I agree w/ roadkillga! You are very wise.
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Champion Author Wisconsin

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Message Posted: Jul 4, 2009 2:41:14 PM


MEXICO TRUELY MUST BE A COUNTRY OF "TAKERS"---NOT "GIVERS" !!!!!
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