Trump threatened General Motors!



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CANADIAN Politicians and union leaders have also sharply criticized GM's Canadian factories for closing and firing.

General Motors yesterday announced its decision to stop production of less-sold models and reduce the number of employees in North America, evoking the drop in demand for gasoline sedan models.

The United States saved General Motors and it's the THANKS we received! "We are considering removing all GM incentives, including those for electric cars.

Trump did not explain the "motivations" he was talking about.

GM electric vehicles benefit from a $ 7,500 tax deduction under federal law, but it's unclear whether management can restrict these discounts or whether Trump has other motivations for it. ;mind.

Trump threat General Motors open now

White House spokesman Hogan Gidley of Trump and Canadian Prime Minister Justin Trudeau made a phone call at a meeting with General Motors in the United States and Canada. They stated that they "had discussed their disappointment".

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Trump and Trudeau's reactions compound the problems of competing automakers at GM and Detroit, who have had to go through new configurations to overcome the serious technology and market problems that have plagued the industry for many years.

During his two years as President, Trump gave priority to employment in the auto industry and often criticized producers for Twitter because they did not increase employment.

5 decided to leave the factory

GM announced the removal of 15,000 jobs and the closure of five of its North American facilities, including four in the United States.

Larry Kudlow, White House Economic Advisor, recalled that the Trump administration was supporting GM on fuel economy standards and other regulatory issues.

We did these things to help (GM), I think (Trump) is disappointed to see GM turn away from him, "he said.

ONE OF THE PLANTS SPECIFICALLY FOR TRUMP

One of the facilities that GM will close is located in Ohio, one of the key states in Trump's presidential election in 2020.

Trump also blamed GM for not shutting down its factories in Mexico and China.

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GM only exports one model of its vehicles manufactured in the United States. In September, Buick Envision sold 22,000 units in the United States. In contrast, GM sold almost all of its cars to China by 2.7 million units in September.

GM is trying to convince the US Congress, like its rival company Tesla, to upgrade its electric vehicle production line. After reaching a certain number of production, buyers can benefit from a tax reduction.

After Trump's statements, GM said it was "determined to maintain strong production" in the United States, where it has invested $ 22 billion since 2009 and would create new jobs in electrification and autonomous vehicles.

GM said that this closure of facilities and workforce reductions would bring the company a long-term success and increase employment in the United States, adding that many factory workers to close could be transferred to other GM factories.

GM announced that it would close its assembly plant in Oshawa in Canada in December 2019.

Jerry Dias, president of the union representing GM workers in Canada, said he is ready for "mass action" at GM's facilities after a meeting with Trudeau.

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