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Originally Posted by Twistys Tim
This is about GM survival, not what I think is right or wrong. To make a product they can sell and make money from, they have to lower their manufacturing costs. The biggest problem GM is facing, is that their operating / manufacturing costs are high, and getting higher. When the market takes a dip, those costs erode all the profit. By reducing the operaing costs, by having the product manufactured in Asia and assembled in the local market(s) they could reduce the operating costs and also retain a local work force.
It is the survival of the fittest.
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There are many things they can to lower manufacturing costs besides shipping production overseas. The problem we the US are facing with this is the failure of GM = loss of several hundreds of thousands of jobs in a tiring economy which has the highest unemployment numbers 14 years. Taking more jobs and shipping them overseas is akin to cutting off your nose to spite your face.
If public dollars are the only way to keep General Motors afloat, as the company contends, a complete restructuring under a government overseer or oversight board has to be the price and that includes renegotiating all UAW contracts.