President Trump reiterated his frustration with the largest U.S. automaker, General Motors, in a new interview with Fox News.
According to the Detroit News, which reported on the televised interview, the president said GM “is not going to be treated well” after the company announced a restructuring effort that could affect thousands of production employees in Michigan, Ohio, and Maryland.
“I don’t like what she did, it was nasty,” President Trump said of GM CEO Mary Barra. He added the timing of the announcement before Christmas was akin to pouring salt in a wound.
Barra met with lawmakers from Ohio and Michigan a couple of weeks ago to explain the company’s decision. She said she would keep an open mind about plant closures, but the automaker hasn’t signaled any willingness to allocate new vehicles for the plants targeted for shutdown. Lordstown in Ohio and Detroit-Hamtramck in Michigan are the two car production plants GM plans to idle next year.
The automaker has gone out of its way to highlight the fact it still needs 2,700 workers at other plants across the U.S., which provides transfer opportunities for those affected by the idled plants. However, UAW leadership has already said that’s not entirely feasible for every employee and GM can’t relocate every single worker.
The president has said he seeks to end any subsidies for GM, including its federal electric-car tax credit. However, GM will soon lose the credit regardless once it sells 200,000 qualifying vehicles. The automaker has said in the past it will reach the ceiling by the end of this year or in early 2019. GM sells the Chevrolet Bolt EV and Chevrolet Volt; both qualify for a full $7,500 federal tax credit, but the Volt will exit production by mid-2019.
The Chevrolet Impala, Cruze, Buick LaCrosse, and Cadillac CT6 will all also exit production around the same time.
Comments
I still cannot grasp the fact that GM talks all this BS about zero emissions and no traffic and self driving; yet they are getting rid of one of the few hybrids they have and the only car with any sort of self driving capability.
Lets add insult to injury; the Blazer has recently started production…….in Mexico.
Cue all the name calling, and Trump bashing/a$$ kissing………
OK I am splitting my sides on this one! Helps take away some of the stress about if I as a GM employee will have a job a month from now!
It’s official – the President of the United States has declared GM an “enemy of America”
Meanwhile, as announced from the official podium of the POTUS in Helsinki, Russian officials are expected to question U.S. officials.
America is now a client state of Putin. Putin is directing his lap dog to tear America apart. His cabal of proved criminals has got Australian Murdoch’s Fox to announce your thinking to your head.
If you seriously think Russia is your friend and GM is your enemy, then you are a traitor.
The Clinton’s are much bigger Russian puppets than Trump ever will be.
Did Trump sell our Uranium for personal funds?
As fake as you could possibly get. You literally must be a slave on a Russian troll farm. Your parents’ day-release papers have “Internet Research Agency” title’s, right?
Here’s the fact-checkers who proved this idiocy “false” years ago: Snopes, FactCheck, Politifact, Forbes, even freakin’ Fox was forced to withdraw the claim after the British Queen told Murdoch to pull it.
Putin needs to find some better trolls.
The Trombone works for the Clinton Global initiative. Talk about a uninformed echo chamber lap dog. Just last week Comey admitted the entire FISA warrant to kick off the fake Russian story was uncorroborated since day one. The whole thing is a smokescreen to cover up the crimes of Strozk Page McCabe Comey and the merry band of Barry’s Gestapo agents.
The Clintons are not in office ! Last time i heard Trump was the President ! It is just like all Republicans, Every time there is a problem ,Ether The Clintons are brought up or Obama !
For the 500 MILLIONTH time ….. Hillary DID NOT sell uranium to the Russians!!! Try research instead of drumpf and FOX News!!!
God Bless Trump. He actually does what he is elected to do.
US taxpayers pay for the wall?
healthcare sham?
blowing up the trade and national deficit?
biggest dumpster fire in white house history?
and that is at the top of my head just after i smoked some weed this morning for my … medical condition.
Steve prefers death / Rape / Drugs / illegal voting. Walls are bad. If you like your doctor you can keep your doctor. Lying sack. Trade and wages finally working in our favor : again Stevie no like. That’s what happens when you bong your way thru life.
“I love the poorly educated” – trump/individual 1/david dennison, 2016
case in point.
also, i don’t bong my way through life. when i’m not collecting cans, i’m exploring old mines for copper to support my meth addiction.
Good post Trotsky
Ford – idling plants, shifting Focus production from Mexico to China not USA, giving American IP away to VW. CEO is male.
Chrysler – idling plants, shifting production of the Jeep major sub-assemblies to Magna in Austria, owned by the Pope in Italy (think I’m wrong? That’s because the Catholics use front men, of course. Nothing in Italy worth more than a couple’ million isn’t owned by the Catholics. And they don’t pay tax. Look it up). CEO is male.
GM – idling plants, shifting production. CEO is female.
So….. they’re all idling plants, shifting production, and doing “bad” things. But only one of them is getting Trump’s vitriol. And every one of y’all here are convinced that Putin’s “toughness” is so pretty….
Crysler is not idling any plants… Actually adding manufacturing by retooling an engine plant in Michigan and continuing to retool the 2nd assembly plant in Toledo for the grand wagoneer… And ford retooled the focus plant to produce the ranger/bronco… Get all your facts straight, GM is the only one with nearly 5000 hourly employees currently laid off. Barra needs fired because she is behind the other automakers in decision making and the bolt is a failure, only selling around 2k/month with cruise automation buying most of them
Thanks for stating the truth, saved me from having too.
GM still owes us billions in unpaid loans
This is actually true. GM has repaid stock that isn’t worth what it was represented to be in the out-of-bankruptcy documents. GM does in fact still owe America several billion.
MAGA!
… even though he is one of the leading causes. Right.
GM **CUSTOMERS** won’t lose their tax credits once the company sells 200,000 qualifying vehicles. The credits will be phased out “beginning with the second calendar quarter after the calendar quarter in which at least 200,000 qualifying vehicles manufactured by that manufacturer have been sold for use in the United States.”
See the official IRS description here:
https://www.irs.gov/businesses/plug-in-electric-vehicle-credit-irc-30-and-irc-30d
Again, this isn’t an incentive for GM. It’s an incentive for its customers. The incentive for customers buying GM vehicles is very close to running out anyway because GM (unlike most other manufacturers) has actually invested in and sold many plug-in vehicles. Even though I’d like to get a tax credit for whichever plug-in vehicle I buy next, I feel that the incentive has run its course and should end to provide a level playing field for everyone. Those companies that invested in research and development early on benefitted from the incentives and should (hopefully) have a lead on their competitors. Those that didn’t take advantage of it are (and should be) now behind.
This is all political nonsense. Instead of doing what’s best for consumers and the environment, Trump is politicizing the situation to distract from the things he’s done (steel tariffs, particularly) that are hurting the auto industry. GM has said the tariffs will cost it $1 billion per year—about 7% of its profits. While it doesn’t make sense to keep under-utilized factories running, how many additional U.S. jobs could they keep for that kind of money? At the end of the day, GM is a for-profit company and needs to do whatever it can to stay competitive.
The media is blowing things out of proportion.
All Trump did was level the playing field…. China had tariffs prior, he simply returned the favor.
BUY AMERICAN!!!
Can I buy an American iPad? How about a Trump Tie made in America? An American TV?
On that Jeep, are the brakes from Wilwood or Brembo? Tires from America? I know Pirelli are made in America, but who owns Pirelli? Jeep wheels made by OZ or Fondmetal? Remember those Jeeps with Italian diesels from VM Motori? Seats from Lear or Recaro? Dang looks like that Jeep has a lot of Fiat in it already.
Buy American! After you have spent weeks researching the suppliers…
Dirty Sanchez is a paid troll. Anybody that has half a clue knows the MSM is just an extension of the billionaire boys club. / The COC and the donors in general. And still this yutz quotes all major MSM media outlets to back his positions. Gee that’s the same crowd that’s losing billions by cutting off their nafta style trade deals. Suprise suprise
Pizza babies come from Hawaiian drug tunnels.
but what makes crazy Mary think we want to drive electric or computer driven autos , oh by the way how is electricity generated , oh also not all want to drive suv’s .. Fire her and her demented cronies. But yet the Volt is being discontinued ????????
The president doing what he does best, shooting his mouth off.
americans and canadians need to blacklist and quit buying vehicles made in mexico !from all auto makers and get our jobs back!
What Trump and the NAFTA zone leaders need to do is quit subsidizing new greenfield factories and help those manufacturers invest in existing but less modern plants that already have the skilled work force and supplier network. Overcapacity is coming soon
Trump is moving profits from Wall Street to Main Street. There are are trillions at stake. Why in the hell do you think the entire billionaire boys club is against him ? This club owns the MSM. Do not believe a word they say, including Fox.
That’s the spirit