GM calls latest Romney auto ad 'politics at its cynical worst' [View all]
Source: Detroit Free Press
Republican presidential candidate Mitt Romney has broadened his attack on President Barack Obamas auto industry restructuring, implying that General Motors used the aid to hire more workers in China than in the U.S.
Barack Obama says he saved the auto industry. But for who? Ohio or China? says the narrator in a radio spot running in Ohio. Under President Obama, GM cut 15,000 American jobs, but they are planning to double the number of cars built in China, which means 15,000 more jobs for China. And now comes word that Chrysler plans to start making Jeeps in, you guessed it, China.
GM quickly defended its performance.
We've clearly entered some parallel universe during these last few days, GM spokesman Greg Martin said. No amount of campaign politics at its cynical worst will diminish our record of creating jobs in the U.S. and repatriating profits back to this country.
Read more: http://www.freep.com/article/20121030/BUSINESS01/121030036/1205/business01/Romney-implies-GM-used-U-S-aid-create-jobs-China