General Motors recently announced that it will stop production and lay off some 15,000 employees at several U.S. and Canadian facilities. The announcement elicited a predictable outburst of indignation from President Trump. He said in a Twitter tirade that his administration is “looking into cutting all @GM subsidies, including … for electric cars.” That’s a […]
Union Leader: ‘GM won’t close plants without one hell of a fight’…
The Trump Administration can’t say they weren’t warned. Marry Barra is meeting with Trump Chief Economic Advisor Larry Kudlow on Monday after announcing that the company would lay off as many as 14,700 workers in key swing states that helped elect Trump in 2016. Barra warned the administration over the summer that auto tariffs would […]
GM to Invest $1B in U.S., Add Jobs…
General Motors Co., days after being called out by President-elect Donald Trump for expanding operations in Mexico, plans to announce U.S. investments totaling at least $1 billion that would create more than 1,000 jobs, two people with knowledge of the plan said late Monday…
GM Recalls 4.3 Million Vehicles Over Air-Bag Related Defect…
General Motors Co (GM.N) said on Friday it will recall nearly 4.3 million vehicles worldwide due to a software defect that can prevent air bags from deploying during a crash…