BUICK Makes More Vehicles in China by 3-4X than in the USA
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GM to sell Chinese-built car in the United States for first time
This is not your grandpa's BuickCNNMoney 01:24/01:24
Built in China, sold in the U.S.: It's a first for GM and any U.S. automaker.
GM said it will sell the Chinese-built Buick Envision, a crossover SUV, in the U.S. market starting next year.
The UAW attacked the plan, saying it was "a slap in the face." It said GM should reconsider its plans and instead build a version for the U.S. market at a U.S. plant.
"The men and women of GM and the American taxpayers who invested so much in GM's future deserve better," said the union.
GM agreed in its latest labor deal to invest $8.3 billion in its U.S. plants over the next four years to create or retain an estimated 3,300 jobs. It increased U.S. employment by 14,000, or 18%, between the end of 2009 and the end of last year.
GM already has big operations in China, and sells more cars there than in the United States. Since 2011 it has exported about 157,000 cars from its U.S. plants to China. Buick has been a very successful brand in China.
Auto research firm IHS forecasts estimates that GM will be selling about 38,000 Envisions in the U.S. by 2017, compared to about 126,000 it is now selling annually in China.