"merican automotive company General Motors announced Monday that it would cut nearly 15,000 jobs across five factories in the United States and Canada. The American automotive giant cited fears of an economic downturn, President Donald Trump’s changing trade agreements and possible new tariffs on imported vehicles, a source told the Associated Press.
Factories in Ohio and Michigan will halt production and jobs will be cut across all of North America, CEO Mary Barra said. President Trump told reporters Monday afternoon that he had spoken to Barra and that she is expected to meet with his chief economic adviser, Larry Kudlow, later today.
The president said that the layoffs had nothing to do with tariffs and instead blamed Barra for making cars that don’t sell. GM “better damn well open a new plant [in Ohio] very quickly,” and stop manufacturing cars in China, Trump told The Wall Street Journal. “I love Ohio,” Trump said. “I told them, ‘you’re playing around with the wrong person.’”
The closures come just months after President Trump promised that his corporate tax cuts would save American jobs. In a 2017 Youngstown, Ohio, rally, Trump promised his supporters that manufacturing jobs would remain in their state. “Those jobs have left Ohio but they’re all coming back, they’re all coming back,” he said. “Don’t move, don’t sell your house.”
But in June, Barra warned that new tariffs could hurt business and lead to mass layoffs. In comments submitted to the Commerce Department, GM said that another round of tariffs would cost the company $1 billion and hurt car prices. On a Monday call, Barra did not blame tariffs directly but said they were one of the headwinds that drove the company to downsize and refocus on electric and autonomous vehicles."
"During a speech last year in Youngstown, Ohio, Trump vowed to reopen the state’s shuttered factories.
"We’re going to fill up those factories or rip them down and build new ones,” Trump said, adding, “After years and years of sending our jobs and wealth to other countries, we are finally standing up for our workers and for our companies."
GM announced Monday that it plans to halt production at its Lordstown, Ohio, assembly plant, which is about a 20-minute drive from Youngstown."
When they were setting up those steel import deals they should have listened to that little voice that said 'why dont we buy locally made steel instead?'
She knew the tariffs were comming and still worked on this deal. She literally stabbed THE COMPANY SHE IS RUNNING IN THE BACK and is saying OMG FUCK DRUMPFT Its clearly his fault when he was talking about tariffs.
Adam Barnes
GM cars are shit. i am up for a new car and as i see it my options across all boards are Cheap/fast/fun: honda Cheap/reliable: toyota Luxury/fun: bmw luxury/comfort: mercedes or genesis AWD: subaru station wagon: subaru SUV (lolno but if i had to…): ford small/medium pickup: toyota large pickup: ford
GM doesnt come to mind for ANY type/class/niche of cars.
not to mention the chinese steel is of crazy low quality. there was even an impurity that caused the steel to rust like crazy. i have an early 2000s toyota and its a beater. i have scratches and nicks all over the car. even dents. but you know what i dont have? rust. and i live in new england and rarely wash that car so its caked in salt and dirt. but know what tons of american cars over 7-8 years old has? big, deep, soft spots of rust. take note of it and you'll start seeing it everywhere.
Jack Ortiz
...
Mason Baker
I build a wall
I can get cement from China for 1 billion
From 'Merica for 10 billion
Do you want that wall built?
Trump is anticapitalist and is a union socialist in disguise
Fuck the little guy, I'll just hire private security when the poor white trash who use to have livable incomes start trying to get into my gated neighborhood to burglar me.
I'll use that chink cement to build a wall around it.
GM is cutting THOUSANDS & THOUSANDS of jobs,including 1/4th of its top executives, after recently announcing it's newest automobile which will be built in Mexico, due to the steel tariffs, which is MAKING AMERICA GREAT AGAIN !!!….
Also, GM is not closing its Chinese factories, where they sell more cars than they do in America. This policy of suddenly firing tens of thousands of American workers, while continuing to employ tens of thousands of Asian workers in China is MAKING AMERICA GREAT AGAIN !!….
The Mexican workers get paid less to manufacture the cars, which they don't mind, because this is MAKING AMERICA GREAT AGAIN !!!….
i don't know why they complain when they can just beg for another bailout because "too big to fail" and file for chapter 11 bankruptcy again because they're such a shit company
Noah Perez
Nothing new for GM to close shit down, GM had a huge plant here that they closed decades ago, leaving this area in the state of poverty it is in now, leaving the only factory behind… the steel mill. Now, rather than buy from fellow american steel companies they'd rather close MORE down and cause MORE poverty than just buy from fellow american manufacturers of steel. This is just GM being kikes.
GM was bailed out by George Bush in 08. They should have died then. Now they've wasted taxpayer money and will die anyway.
Aaron Wright
More like bad company policy, they've been shutting factories down left right and center even before Trump got in Holden was forced to shut its doors despite the fact the VF Commodore was a really good car and would of sold well in America especially the utes, the Americans love their El Caminos and the commodore utes are a the successor and a good one at that But no gotta shift shittu Daewoos instead Fuck them its 100% their fault
Matthew Bennett
If was last year I'd recommended importing a ute since holden and Ford were the only ones doing a sports ute and the commodore/Maloo was better but its all dead now
Nicholas Butler
Experts of NOTHING itt
Michael Stewart
Also: Interesting theories.
Owen Davis
Experts of knowing that GM hasn't been good in decades.
So Ford is your only American recommendation? 'Cause tariffs affect imports.
Ayden Bennett
$100,000 this is purely a show of force by (((GM))). It's terrorism by definition. Like that crab company that said they can't keep up with demand because they can't hire anyone… because they refuse to hire Americans and only want to hire nonhuman shitskins for the incredible check the fed writes them.
William Rodriguez
They bald-facedly STOLE multiple times that from the 'strayan taxpayer after they lied about keeping plants open.
Elijah Jones
And magapedes will still follow him, even after showing himself to be a fat lying kike. It's getting ridiculous, that fat fuck was a mistake, a big fat mistake
Jaxson Peterson
GM laid off 2,500 workers here in Ontario, after an 8 billion tax bailout 8 yrs ago.
Now they're building an electric vehicle plant 20 kilometers away from the closed plant, with1000 jobs promised
Henry Ramirez
versus hillary I think not.
Daniel Wilson
He’s right, if you are going to buy a car, no sensible person is going to have GM in their top 3 brands. I have never ever heard anyone express any interest in purchasing from GM.
Jackson Kelly
just like glorious putin and russia. americans are so spineless rather than getting mad that two of the worst human beings got trotted out to vote for they just point fingers and go "at least i didn't vote for the OTHER guy :^)" your country is feeding you bullshit and you just sit there and take it like a soyboy
Hunter Rodriguez
Boo fucking hoo, no one wants cars anymore but Boomers and that's why they're downsizing. Fuck cars.
Asher Wright
Fuck you
Charles Carter
Thats not true, but nor is this report either.
All new cars suck in my opinion, I only drive older Trucks. Thats my choice,