American businesses could be hiring more workers today if we ended unfair trade practices used by some of our trading partners. No matter how competitive companies are in Alabama, they struggle to keep up with foreign competitors that are given an unearned advantage because of currency manipulation.
Wednesday, August 6, 2014
In an ever-shrinking world, a popular refrain among some skeptics is that American manufacturing is not competitive in the global economy. A new report by the American Automotive Policy Council (AAPC) reveals that is simply not the case. Led by Chrysler, Ford and General Motors, American manufacturing is on the rise, creating jobs and expanding opportunity at a rate that hasn’t been seen in years.
General Motors Financial Co. Inc., a subsidiary of General Motors Co., said Friday it is expanding its Arlington, Texas, operations center and could add hundreds of new employees there over the next few years.
GM Financial said it bought a 240,000-square-foot building on 22 acres in Arlington, just a block from where about 2,150 GM Financial employees work in operations and customer service. The company is renovating the new space, which it will use for offices and a training and conference center.
Business Leaders for Michigan (BLM), the state’s business roundtable, today brought leading corporate executives to Washington, D.C. to meet with Michigan “alumni” to talk about Michigan’s reestablished position as a leading location for business development and expansion. Michigan Governor Rick Snyder joined executives in emphasizing the state’s progress on key factors that lead to economic expansion.
General Motors Co., Raytheon Co. and the U.S. Army are teaming up to help soldiers returning to civilian life get jobs at GM dealerships as service technicians.
GM has the largest U.S. dealer network with 4,300 and in the coming years will need about 2,500 new technicians. Such qualified staff can be a struggle to find, while the unemployment rate among returning Army veterans is more than twice the national average. The push comes as the Army plans to reduce its size from 574,000 to 450,000.
General Motors Co.’s Chevrolet brand is providing 12 plug-in hybrid Chevrolet Volts to the nonprofit MBAs Across America program, which is traveling the country to help small businesses.
The automaker held a celebratory event Friday at its Renaissance Center headquarters. GM CEO Mary Barra and Detroit Deputy Mayor Ike McKinnon welcomed the students who spent the week in Detroit working with seven local businesses.
After his first visit to the General Motors Lordstown complex, U.S. Sen. Rob Portman, co-chairman of the Senate Auto Caucus, called it “a really inspiring experience.”
The Republican senator said Friday that he was impressed with the Chevrolet Cruze being built at the facility and the workers.
Lordstown “is producing a world-class car in a world-class production facility,” he said about the Cruze.
With an ultimate goal of stimulating economic growth, hopes are high that the proposed Trans-Pacific Partnership free trade agreement will lead to a spike in cross-border business deals among member countries. Assuming that’s the case, Japan’s chief TPP negotiator posed an interesting question: why does the pact sidestep a key factor that affects practically all international business activity?