GM PLANS TO BUILD CARS IN CHINA & EXPORT TO U.S.

[JChlupsa]

From the Glenn Beck show last night
"BECK: OK. Are you — are you going to be importing cars from China now? I read that in the paper today.

HENDERSON: Yes. We don't import cars from China today. We have a very big business in China, but our business in China is focused on the China market. As, you know, we build where we sell, that's been part of our philosophy.

When you look at our business plan out through 2013 and 2014, there is an opportunity to do that, but frankly, we're in dialogue today with labor and with the UAW, for example, on how we might do this more efficiently and can we build product here instead of importing it. So, I'm — and I'm quite optimistic about trying to find solutions for that and — you know, it's really — it needs to be worked out at the bargaining table.

But, historically, and frankly prospectively, the philosophy of building where we sell pays."

http://www.foxnews.com/story/0,2933,520310,00.html