DETROIT -- General Motors said on Wednesday it would continue to spend about half of its global budget for purchasing parts and components in the United States for at least the next four years, even as it expands production in China.
GM, which has a global purchasing budget of $87 billion, currently buys $44 billion in parts in the United States.
"I don't see a change in the next three, four years," Bo Andersson, GM's vice president of worldwide purchasing, told an automotive conference in Detroit.
GM and other U.S. automakers, who face intense competition from foreign automakers, are increasingly looking at low-cost countries like China and India to procure parts, much to the distress of U.S. suppliers.
U.S. automotive parts suppliers are under pressure from automakers to move more production to China, partly to meet increasing demand in the world's fastest growing market, but also to ship components back to the United States.