US workers forced to pay for GM bailout now see GM transfer $500 million to Mexico for jobs program
"That's Government Motors gratitude for you! From the Wall Street Journal, 8/3:
"We estimate that these technologies allow for a 9% improvement in fuel efficiency from current engines," Lieblein said, adding that the investment will directly create 390 jobs in Coahuila state, where Ramos Arizpe is located.
Another $215 million will go toward upgrading the factory's production lines to build a new vehicle for the domestic and international markets, she said, noting that the investment will be key to maintaining 400 jobs."...
Lieblein said General Motors has invested $4.1 billion in Mexico over the last four years."...
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