Friday , March 5 2021

Trump launches attacks on General Motors by closing factories



The president expressed his "disappointment" with the company and warned that the "bet" for China and Mexico "will not give them results."

US President Donald Trump reacted harshly today to the announcement that the country's largest automaker, General Motors, plans to close at least four of its factories in the country, amid the uncertainty surrounding the first world economy and the taxes imposed by the White House.

"Very disappointed with GM and its CEO, Mary Barra, to close the plants in Ohio, Michigan and Maryland," said the Chief of State on Twitter. "They have not closed anything in Mexico and China."

"The US saved General Motors and this is the way to thank," Trump said in reference to the financial rescue that the US said ten years ago for GM and Ford in the midst of the crisis.

The president also said that his administration evaluates "to withdraw all subsidies to GM, including for electric cars."

He added that the company "made a great bid for China when they built plants there (and in Mexico). They do not believe that the bet will give them a result. I am here to protect US workers."

The decision of General Motors, reported yesterday, skipped the company's actions and is part of a campaign to reduce costs and repositioning the company to face the challenges of electric and autonomous mobility.


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