US workers forced to pay for GM bailout now see GM transfer $500 million to Mexico for jobs program

• 8/4, "GM announces major investment in auto plant (in Mexico)," American Thinker, C. Simpson

• "US taxpayers bailed out GM, next came the Volt, and now this is the payback."...

"That's Government Motors gratitude for you! From the Wall Street Journal, 8/3:

U.S. automobile giant General Motors Co. said Tuesday it plans to invest close to $500 million in its Ramos Arizpe plant in northern Mexico to produce a new line of engines as well as a new vehicle...

"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."...