On the basis of fairness, the editors of The Wall Street Journal and numerous other policy analysts and pundits have rejected student loan forgiveness plans, and rightfully so.
By forgiving loans, taxpayers—many of whom make less money than student loan borrowers—take on the debt that was previously borne by students who voluntarily took out the loans.
At its San Luis Potos facility in Mexico, General Motors has opted to increase production of the Chevy Equinox and GMC Terrain small crossovers.
This indicates that GM will be able to meet demand for the two nameplates even if the Equinox was no longer produced at the GM CAMI plant in Ontario this year.
To produce the BrightDrop Zevo 400 and Zevo 600 battery-electric delivery trucks, the CAMI factory is now being retooled.
The Equinox is made at the GM Ramos Arizpe plant in Mexico in addition to the San Luis Potos facility.
The Onix, which is made in China at the GM Dong Yue plant in Shandong, is currently being shipped from China into Mexico, as we reported in May.
The Onix is additionally made by the manufacturer in the Gravata facility in Brazil.
The Gravata plant is already operating at close to capacity as a result of the significant domestic demand for the vehicle, thus manufacture of models for Mexico is handled by the Chinese factory.
For the 2023 model year, however, GM will equip the Equinox and Terrain with the new 1.5L I4 LSD turbocharged engine, which has 175 horsepower.