Trump tests the limits of his presidential authority and political muscle as he threatens to cut off federal subsidies to General Motors because of its planned cutbacks. GM says it’s closing 5 plants and slashing 14,000 jobs in North America. https://t.co/pSW0D4mJBR
— AP Politics (@AP_Politics) November 28, 2018
Trump willing to cut Obama-era subsidies for GM following layoffs and plant closures https://t.co/Cgeh9d4Z53
— Washington Examiner (@dcexaminer) November 28, 2018
Source: https://www.nbcnews.com/news/us-news/after-general-motors-layoffs-more-bumps-ahead-u-s-auto-n940386
Twitter: #MAGA #1A #KAG #WWG1WGA #FreeSpeech #Trump
Don't forget Dodge and Ford moving production to Mexico. These are all globalist brands suckling the NWO
GM is simply making excuses to put the blame on trump and the steel industry. GM should produce their own steel instead of depending on China. Those autonomous and electric cars Gm is going to build will not sell in the USA. Americans will not buy that junk! The main problem with GM isn't with the type of cars they sell but the quality of the cars they sale. They make junk in Mexico and China and then try to sell it over here. The tariffs President Trump has imposed on China will force manufacturers like GM to either start making cars in the USA or sale their wares elsewhere which is what GM seems to be doing. GM owes this country better treatment than they are dishing out. GM should be liquidated by the federal government and all of their assets seized to pay back the billions they stole from the American people. We could use the money to build the wall. Besides selling junk GM executives have made millions in profits for themselves on the backs of the American people. They are driven by greed and are nothing less than criminals.
Obama demanded electric shit cars, he got them then disregarded the technology and end products like he never ordered it. No one gives a shit about stupid electric cars or driverless nonsense. If American car producers stuck with American home factories, horsepower, and quality, no problems would of sprung up.
MAGA Shut them down Trump!!!
John is right, GM is ungreatful for the bailout and sided with Obama on his stupid electric cars. Remember the 1500 electric cars obama purchased to boost non-existent sales, Bobo used taxpayer money and they sit in a government garage in Virginia. GM didnt change with the consumer. GM should be forcrd to buyout every Employee pension plan so those people aren't hurt. Shame on GM.
General Motors and its subsidiaries have so far received $76 million in federal grants and state tax credits during 2018, according to data from goodjobsfirst.org
Interesting these factories are leaving the swing states where Trump’s base is for strictly political reasons in order for his to base to be mad at him later for losing those jobs.
It must be a coincidence that GM CEO Mary Bara is also mentioned in Podesta’s emails at Wikileaks, unfortunately she is a swamp puppet for the DS too.
Typical ancient, slow-moving American car company. Zero-Low innovation. Zero trend forecasting. Can't turn around quickly or efficiently...no, let's layoff workers.
Putting eggs in electric and driverless cars ? How 'bout some mighty gas-sippers, akin to the popular & affordable Honda Fit? Or new combustion engine design...long overdue.
WE gave them $13.4 billion in 2008. And we get crap.
We need forward-thinking industries that make great stuff with new material science, and new (free) energy sources.
Hate to say it, but GM just may be obsolete.