GM Could Be Mulling Import of Chinese-Made Buick, Making Itself Target of UAW - TheStreet.com
hasn't confirmed its intentions, the automaker isn't ruling out widespread reports that it is considering importing a Buick compact crossover model it manufactures in China. , currently is building the five-seat Buick Envision for Chinese consumers in that country, and has told its U. S. dealers that it hopes to offer such a vehicle here. "We have not announced the Envision for any markets other than China, where it has been extremely successful to date," said Nick Richards, Buick spokesman, in a statement. Such a move by GM could ruffle feathers with the United Auto Workers union, which wants to expand employment in the U. S. The UAW and GM are in contract talks toward a new agreement. With presidential politics heating up, GM also could place itself in the crosshairs of candidates from both parties trying to enhance their popularity with voters by attacking imports. Last week, while stumping in Michigan, Republican presidential hopeful Donald Trump attacked investments by U. S. automakers overseas , taking particular aim at Mexico and China. If GM does decide to import Envision, it wouldn't be the first automaker to recognize a potential benefit of China's lower wage rates, cheaper currency and improved manufacturing capability. Chinese-built Volvo S60 sedans are headed to the U. S. Volvo is owned by China's Zhejiang Geely Holding Group. Source: www.thestreet.com
