More Transparency.....

[Zam-Zam]

.....this time from General Motors. Mary Barra would fit right in with the Beltway crowd:


In a mysterious move, General Motors told dealers Thursday night to stop delivering 2013 and 2014 Chevrolet Cruze compacts with 1.4-liter engines -- which account for about 60% of Cruze sales -- but GM won't say why it issued the order.

It left dealers scrambling to find out more details from GM, so they could answer questions from Cruze buyers who can't get their cars immediately.

Such "stop-delivery" orders are fairly common. Dealers can continue to sell cars, but can't hand them over to buyers until the issue that triggered the halt is fixed.

"I have no details," GM spokesman Alan Adler said. "I'm sure somebody knows" why the order was issued, but neither he nor other GM spokesmen would provide further information.

General Motors last August recalled 292,879 of its 2011-2012 Cruzes with the same 1.4-liter turbo engine that's now involved in the stop-delivery order, In that recall, power assist for the brakes could fail due to a faulty switch.

It's unclear how the secretive approach to details of the stop-delivery order fits with the pledge of "transparency" in all GM's dealings that was made recently by CEO Mary Barra.

Dealers say such halts, also known as "stop-sale" orders, are routine and almost always related to a safety problem.

The stops are a fast way to prevent defective cars from getting into customers' hands and forcing an automaker to fix them later via an embarrassing public safety recall.

The halt, and the murkiness surrounding it, can't do GM any good, as the big automaker prepares to defend its handling of a recall last month of 1.62 million cars worldwide to retrace fatally flawed ignition switches. CEO Mary Barra is scheduled to testify before a House committee Tuesday.




Complete text: http://www.usatoday.com/story/money...alers-stop-selling-some-chevy-cruzes/7003579/

 

[as seen on tv]

fun fact - GM built a chevy cruze factory in Russia with some of the federal bailout money. It's true - you can google it.

 

[Zam-Zam]

And so it is:



General Motors Corp. has opened its first assembly plant that will build the Cruze compact car.

The $300 million factory was dedicated today outside of St. Petersburg, Russia. Media reports have said that GM will use the plant to supply Europe with its new global compact car starting next spring. The plant is to produce 70,000 cars a year.

GM has said it will start building the Cruze at its Lordstown complex in 2010, but some reports indicate that the automaker will delay that launch. GM plans to make the Cruze at several locations around the world. GM is to make announcements today regarding its attempts to save money.


http://www.vindy.com/news/2008/nov/07/new-russian-plant-will-build-chevy-cruze/

 

[connieb]

And so it is:



General Motors Corp. has opened its first assembly plant that will build the Cruze compact car.

The $300 million factory was dedicated today outside of St. Petersburg, Russia. Media reports have said that GM will use the plant to supply Europe with its new global compact car starting next spring. The plant is to produce 70,000 cars a year.

GM has said it will start building the Cruze at its Lordstown complex in 2010, but some reports indicate that the automaker will delay that launch. GM plans to make the Cruze at several locations around the world. GM is to make announcements today regarding its attempts to save money.


http://www.vindy.com/news/2008/nov/07/new-russian-plant-will-build-chevy-cruze/

How much you want to bet - they aren't paying any US income taxes on that revenue there either.... I mean - I understand why - but this thought that US companies don't pay all their taxes here, is something that gets the left rather worked up.....I wonder how they reconcile the use of US taxpayer funds - to open a plant in a foreign country - while also reducing their US income tax burden - with the propping up of GM being a good thing for the US.

connie