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US President Donald Trump threatens the builder
General Motors
Job cuts with subsidy cuts. He was very disappointed
by Mary Barra, company director and GM, writes Trump
Tuesday (local time) on Twitter. "We test all GM grants
including electric cars, "he added
Nothing is closed in Mexico and China. The United States has a general
The engines have been saved, and that's the THANK YOU! "
The automaker announced Monday that domestic production
strangle and thus dismiss the staff as well as some
Close the production facilities. From the measure could be 15,000
Employees are affected. The main reasons are the weakening
In the United States, small car sales and rising materials costs, such as
by Trump's special rights on steel. In addition, the wants
Group because of the shift to future technologies such as
Electric cars are redeploying their capabilities and investments.
Trump's threats have caused some nervousness among investors –
GM shares reacted with losses and closed with a minus 2.5
Percent. The announcement of the austerity program that costs until the end
Of $ 4.5 billion (€ 3.9 billion) in 2020, the
But before that, let's ride a good course. Trump already had GM
The day before, attacked and demanded that the production of the company
in China stops and opens instead of new American factories.
GM responded to Trump's attack on Twitter with a statement in which
the group emphasized having continued to have a strong industrial presence
want to defend the United States. As evidence, GM mentioned
more than 22 billion dollars, which are in his portfolio since 2009
US sites have invested. At the announcement on Monday
The measures aim to support the company for its long-term success
position and increase employment growth in the United States
promote. Many concerned employees could also turn to others
The change works.
Criticism of GM's decision is not limited to the United States.
wholesale, but also in Canada, where also factories and
The jobs are affected. US President Trump spoke on Tuesday
with Prime Minister of Canada, Justin Trudeau – both are, according to the information
disappointed by the GM GM and worried about the
affected workers, their families and their communities. the
Car dealers in both countries are raging against the
planned factory closings and want big events
organisieren./hbr/hma/DP/zb
ISIN US37045V1008
AXC0024 2018-11-28 / 05: 55
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