Adding insult to injury, GM will import cars from China


Now that General Motors (GM) has pushed out tens of thousand of United Auto Workers and negotiated to cut their pensions and health care benefits, the car company will begin to import vehicles from China. The move will save GM money because of the lower cost of labor in the world's most populous nation.

According toThe Wall Street Journal, "GM told Congress that the company plans to ship 17,335 Chinese-built vehicles to the U.S. in 2011." That number could triple by 2013.