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2009/2010 Auto Industry Analysis: GM's Transition to China
2009/2010 Auto Industry Analysis: GM's Transition to China
GM Under De Facto China Auto Sector Control;Analysis Identifies Primary Culprit in Deterioration of the US Industrial Base and Contributor to Financial Sector Meltdown
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) December 23, 2009 --
Detroit, MI, December 23, 2009 -- eMOTION! REPORTS.com, (www.emotionreports.com) an automotive/aerospace industries research and analysis site founded in 2001 targeting professionals within the academic, media, corporate and government sectors, has recently released “2009/2010 Auto Industry Analysis: GM’s Transition to China” that takes dead aim at the primary culprit in the near destruction of the US industrial base and financial sector meltdown: China.
In driving the point home, several key statements, based on observable, quantifiable data are made:
1. General Motors Company is now under the de facto control of the China auto sector.
2. The bankruptcy and rush to sell-off core GM assets inclusive of Opel, Saab, Saturn, Pontiac, Hummer and GMAC, was all part of a well orchestrated strategy launched over two decades ago by Beijing to capture the US auto industry, even as Japan, South Korea and Europe, in a notably less destructive way, had initiated their own.
3. The implementation of this strategy was aided and abetted by shortsighted and irresponsible individuals within industry, government and academia.
4. Recommends that Saab and Volvo are immediately nationalized to prevent total capture by the China auto sector, which in several instances has been represented by front companies.
5. Commends those European countries, inclusive of Belgium, Spain, UK and the Flemish government, who worked together to prevent the selloff of Opel; a circumstance representing profoundly negative economic implications had it been accomplished as originally intended.
6. Reveals, based on still classified data and imagery within US State Department and Department of Defense (DoD) archives, that Mao Zhedong, in a move echoing that of Josef Stalin, ordered the extermination of old and infirm Chinese he deemed unable to work in the aftermath of his defeat of the nationalist forces of Generalissimo Chaing Kai-Shek in 1949. The number of those killed in the days and weeks transpiring subsequent to order issuance, at least 70 million and as high as 120 million, exceeds by several orders of magnitude the known estimates in the 1949-1976 timeframe which included “The Great Leap Forward”. As such, history is changed: This is the worst atrocity ever perpetuated on humanity by humans, and the government responsible still exists in ideologically the exact same form.
Contact:
John T. Chuhran
eMOTION! REPORTS.com
74 W. Long Lake Rd. Suite 103
Bloomfield Hills, MI 48304
248-310-2650
mstokes@emotionreports.com
http://www.emotionreports.com

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