General Motors Ushers Australia Into The Post-Industrial Age

You just keep me Holden on...

You just keep me Holden on…

Amidst the copious news General Motors has made over the last week, one fully-formed and profoundly important story is doggedly evading the notice of the press. Overshadowed by the end of US Treasury ownership and the promotion of GM’s first female CEO, the demise of The General’s Australian unit Holden should not be overlooked. Not because the phenomenon it demonstrates is new… in fact it’s nothing more than the latest example of the GM standard operating procedure that has helped devastate local governments across America. Rather, the tragic turn of events in Australia sends a sharp warning, every bit as poignant as the recent bankruptcy of Detroit, to the American taxpayers about the company they rescued.

The Government Motors endgame is only just beginning…

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Toyota Builds New R&D Center In China While Enthusiasm Fades

tianjin randD

Toyota today broke ground for a new R&D Center in China. The center is in the TEDA free trade zone in the port city of Tianjin, where Toyota has a factory with its Chinese joint venture partner FAW. The center alone isn’t big news, even if it triggers “giving away know-how to the Chinese” knee jerks. Most OEMs engaged in China have R&D facilities in the Middle Kingdom, GM has a few. The story is interesting for another aspect. [Continue Reading]