"Cadillac now outsells Mercedes, The Chevy Impala beat the Toyota Camry in initial quality, and Consumer Reports detailed how Buick now beats BMW in reliability.
GM has 82 major plants in the United States, while Toyota, Honda, and Nissan combined have only 24. GM has more American salaried workers than Toyota has total American workers. With 194,000 employees in America, even after hard times, General Motors still employs six times as many Americans as Toyota, seven times as many as Honda, and twelve times as many as Nissan. As Business Week pointed out in 2002 (the last data I have seen on the subject), each auto-assembly job created by an American company also creates 6.9 other American jobs, where each auto-assembly job created by a foreign company creates only 5.5 other American jobs. This is true simply because American automobile companies get more of their parts from America.
And what about those foreign transplant factories? A 1995 United Auto Workers study concluded that these foreign automobile companies operating in the United States caused at least 500,000 Americans to lose their jobs. I would hate to think of what that total is today.
The new May 9, 2005, issue of Business Week details how GM contributes to the pockets of their assembly workers to the tune of $8.7 billion a year and either directly or indirectly supports the employment of 900,000 Americans. Business Week also claims it is "undeniable" that what is bad for GM is bad for America, pointing to a 54-day strike in 1998 that cut that quarter's economic growth for the entire country a whole percentage point.
The factory would increase GM’s passenger-vehicle capacity, estimated at 2 million units last year by research firm IHS Automotive, by about 15 percent, easing the strain on existing plants that are producing cars in excess of their normal output.
GM employs approximately 202,000 people around the world. In 2009, General Motors sold 6.5 million cars and trucks globally. Much of General Motors' recent SALES
growth has been in the People's Republic of China, where its sales rose 66.9 percent in 2009, selling 1,830,000 vehicles and accounting for 13.4 percent of the market.
General Motors Co said on Tuesday it will invest about $2 billion in 17 U.S. plants, including a facility here that makes transmissions for small cars, as the automaker shifts from recovery mode to investing in future products.
GM said the plans will create or preserve more than 4,000 jobs as it retools the plants in eight states.
As of January, 2012, the US government's Troubled Asset Relief Program had about $25 billion invested in GM. Break even for the government was figured at $53.98 v. the then-current share price of about $25."
Number of overseas plants opened by GM during Obama's presidency---zero.