General Motors and Ford are planning to enter the Iraqi market

[yota691]

General Motors and Ford are planning to enter the Iraqi market

History of edits :: 1332405844 • 2 time readable

Revealed the major U.S. carmakers intention to "invest in Iraq," indicating that "the investment of 200 million dollars by opening new outlets in Iraq over the 3 years."

The company General Moturuz in a statement that "the company plans to invest in Iraq after Iraq has become one of the most growing countries in terms of population."

The statement added that "the company's decision to invest in Iraq despite the conditions experienced by the back also said that Iraq is the fifth largest global oil reserves."

The statement disclosed about the "plan of General Motors to new investments through the establishment of new branches are in Iraq, having entered the market in 2003, and achieved sales of 32 thousand cars in the last year, up 68% for the year 2010."

In a related development announced that Ford Motor Company, "also plan to invest $ 200 million to open new outlets in Iraq over the next 3 years to meet increasing demand there is for cars." Ended 2

Updating :: 22/03/2012 12:44 http://translate.google.com/translate?langpair=ar%7Cen&rurl=translate.google.com&u=http://www1.alforattv.net/modules/news/article.php%3Fstoryid%3D70854

[leesburg]

ford and gm ..hmm .

wonder why .. the average iraqi earns around 6 0r 7 thousand a year ... ford and gm charge way to much for an iraqi to afford a car or truck ...especially a truck..unless they sell their vehicles made over seas ...where their labor is cheap and the regulations and taxes are alot lower ....to try and sell one of these american union made vehicles is out of their league ..

we go in debt for years to own here in the states ....lol teasing those iraqis isnt nice ...they cant help it

selling them a 40 thousand dollar f150 ..is like if i make 50 grand a year .. and they cost $400,000.00 here in the states .. i wouldnt be buying one ..

Edited March 22, 2012 by leesburg

[yota691]

We know they won't be selling the GM Volt, they don't have enough electricity to do that!!

[Nelg]

I don't think the population is as poor and needy as we are told. A big majority of the people have money now, and will later have a great deal of money. The auto makers and businesses going into Iraq have done their "do diligence" and know that there is a ready and growing market for their products. Otherwise they would not be making the move.