Word: canadians
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...reason GM Mexico has remained profitable while mounting losses have pushed the parent company's U.S., Canadian and European operations to the brink of disaster boils down to the lower cost of doing business in Mexico. GM and other automakers, including Ford and Chrysler, have managed to keep the cost of production south of the California and Texas borders at Third World levels, owing largely to Mexico's weak unions...
...Mexico's profit on some vehicles is as high as $16,000 per unit," says Francisco. By contrast, it's not clear whether GM is presently making money at any of its U.S. or Canadian assembly plants...
...output north of Detroit, but unless its new models can win market share from Ford and Toyota, it will continue its painful slide into oblivion. Also, as GM continues to shrink at home, it can trim a proportionate amount of production in Oshawa without breaking its promise to the Canadian government. Early on July 8, GM reported a 34% decline in June sales, to 176,571 cars and light trucks, in its domestic market. Year-to-date sales have collapsed 41%, to 954,356 vehicles...
...semiofficial FARS News Agency published what it claims was a "press conference" with Maziar Bahari, an Iranian-Canadian correspondent for Newsweek. Bahari, 42, was arrested by security officials at his mother's home on June 21. In what appears to be a forced confession, the news agency highlighted Bahari's role as a producer for the BBC and Britain's Channel 4 and quoted him saying that "espionage by foreign reporters is undeniable" and that in some cases Iranian reporters "make mistakes, become emotional and greedy and fall into the trap of foreigners." The news report fails to mention that...
...commercials, in which a very pushy Mother Nature tries to ruin women's fun by forcing a "gift" on them. Those of you who want to see the really extreme end of feminine-health-care marketing can check out this Dutch ad for a girly-parts cream or this Canadian one designed to encourage regular pap smears. Warning: both are shot from the point of view of the body part Zack recently acquired...