Mark Reuss Talks HD Trucks, Layoffs, 2019 Sales And More With CNBC
Sponsored Links
Mark Reuss took over the role of president at General Motors at a crucial time. The automaker in the midst of a restructuring, focusing its businesses on crossovers, large vehicles, EVs and autonomy. Additionally, GM is taking its final chance on Cadillac, which has struggled to materialize into a competitive luxury brand, and is facing increasingly stiff competition in the truck segment from Ford and Ram.
Reuss is a busy man, then, but he still found time to sit down with CNBC’s Phil LeBeau at the recent launch of the 2020 Chevrolet Silverado HD and discuss the automaker’s new HD trucks, the uphill battle the automotive industry is facing and the automaker’s recent layoffs.
When asked by CNBC if slow January sales are bad omen for the industry, Reuss said that the extremely cold temperatures that plagued much of the American midwest last month probably had a negative affect on results.
“This time of year, that’s relatively difficult,” he said of the average sales results. “I’ll also say the weather piece of this, don’t forget, when it’s negative 20 wind chill it’s tough for people to go out and shop vehicles, so there’s been some weather effect on that as well I would think. So, there’s all that together so this time of year it’s not totally untypical to see that.”
Reuss also said that GM isn’t planning to lay off any more workers this year and pointed out that it will be adding 1,000 jobs to its Flint Assembly plant shortly to support production of the 2020 Chevrolet Silverado HD and 2020 GMC Sierra HD.
“We have nothing left to announce on that,” he said. “This plant here today, we’re going to add 1,000 new jobs into this plant, and the first 1,000 of those jobs will go to the people who are in some of those unallocated plants that we announced.”
“There’s a lot of empathy around rightsizing our workforce right now, so we are really paying attention to our people and being fair with them and giving them opportunities for other jobs in a great economy,” he added.
You can watch the full CNBC interview with Mark Reuss embedded above.
Like this story? Click here for more Mark Reuss news.
Sponsored Links
