GM to Invest $450 Million . . . in Argentina

by Greg Pollowitz

Odd. I thought President Obama was the one who said outsourcing U.S. jobs was bad, no? The Detroit News:

General Motors Co. said Wednesday it will invest $450 million to build an all-new global Chevy vehicle at its Rosario Automotive Complex in Argentina.

The Detroit-based automaker said it would make the investment between 2013 and 2015.

“We are pleased to be making this investment in Argentina, which remains a very important market for us,” GM Chairman and CEO Dan Akerson said in a statement.

The rest here.

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