Blog: The shuttered 'old GM' legacy
Graeme Roberts | 4 December 2012
While the bailed out, post-bankruptcy version of General Motors is doing well, there is a less successful legacy left behind in the form of 'old GM'.
The New York Times shows just what happened in just one town after GM pulled out.
Seems a huge waste of modern buildings but this is the reality in parts of the US today.
And it's not just GM. The NYT cites Center for Automotive Research data saying over 267 auto facilities have been closed since 1979 and half remain unused.
Ironically, if you use Streetview in Google Maps to look at Centrepoint Parkway in Pontiac, about opposite the old assembly plant's rail sidings, you can see a car transporter whizzing by laden with new Chevrolet Camaros.
Made in Canada.
I'm starting to get a small idea of the scale of things here in China, but really, I'm only scratching the surface of this vast country....
- What does 'Brexit' mean for the auto sector?
- The self-driving Volvo is getting closer
- And so Brexit begins - The Week That Was
- Arxan Technologies on cyber security - Q&A
- Active suspension systems - briefing
- "No trade barriers" says FKG amid Brexit fallout
- Volkswagen scandal - Porsche plunges into the red
- Aston Martin lost GBP127.9m in 2015
- VDA warns against post-Brexit customs barriers
- Shocked CLEPA to discuss Brexit in Madrid
- Jaguar Land Rover: Adapting the original SUV & turning middle class Britishness into a business asset
- Tesla Motors, Inc. - Strategy and SWOT Report
- Automotive Megatrends
- Global light vehicle instrumentation and cockpits market - forecasts to 2030
- Global light vehicle turbochargers market - forecasts to 2030