More jobs for GM – in Mexico!
From the Wall Street Journal:
U.S. automobile giant General Motors Co. said Aug 5 2010 it plans to invest close to $500 million in its Ramos Arizpe plant in northern Mexico to produce a new line of engines as well as a new vehicle…
“We estimate that these technologies allow for a 9% improvement in fuel efficiency from current engines,” Lieblein said, adding that the investment will directly create 390 jobs in Coahuila state, where Ramos Arizpe is located.
GM is building a new plant in Mexico,
My head is spinning, I am getting vertigo
They’re spending our money
In places more sunny
No wonder we’re asking: Where did our jobs go?