Trump urges GM to close plants in China instead of Ohio

28 November, 2018, 00:23 | Author: Shannon Aguilar
  • GM to Close 8 Plants, Lay Off Close to 15,000 Workers

The company said this is part of a plan that restructures to cut costs and focus more on autonomous and electric vehicles.

GM said it will reduce its salaried workforce by 15%, including a quarter of the company's executives.

Ohio's incoming governor and lieutenent governor, Mike DeWine and Jon Husted, said they would visit GM in person to make the case for saving the Lordstown plant.

The restructuring reflects the changing US and North American auto markets as manufacturers continue a dramatic shift away from cars toward SUVs and trucks. In October, nearly 65 percent of new vehicles sold in the USA were trucks or SUVs.

"We just want American cars made in America".

If GM does follow through by closing the plant, there may be only one thing left to do: State-run auto company.

OH politicians also expressed outrage over GM's decision on Monday.

The decision to halt production at the GM plant in Lordstown, Ohio, and its Hamtramck facility in MI are a blow to the states' economies.

Also consider GM to Idle Factories, Cut Thousands of North American Jobs.

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The Cruze won't be manufactured at all, not in Lordstown, where it was launched in 2010, and not in any plants in Mexico, where GM said in June - the day the second shift at the local plant was ended - it would produce the Chevy Blazer.

But isn't the economy on solid footing? "We've got a new Drive it Home Ohio campaign out just launched a week ago yesterday".

Plants in Baltimore, Maryland, and Warren, Michigan that assemble powertrain components will have no products assigned to them after 2019 and thus are at risk of closure, the company said.

Work on six-speed transmissions made at the Warren, Michigan, transmission plant would stop August 1, while the Baltimore transmission plant would stop production April 1, GM said. "Our plant itself was rated as one of the most productive in North America", said Green. GM wouldn't disclose how many employees have accepted the buyout.

Products affected by today's announcement include Buick LaCrosse, Cadillac CT6, Cadillac XTS, Chevrolet Impala, Chevrolet Cruze and Chevrolet Volt.

But as long as the tariffs remain in place, GM and other American automakers have little incentive to expand production and every incentive to find new supply chains and cost-cutting strategies to avoid the import taxes. In the meantime, external forces-particularly, China, GM's largest market-have dented GM's bottom line, wiping out much of the company's savings from the GOP tax reform. The company makes materials that are eventually sent to other manufacturers that then build the electronic components that auto factories like GM use in their vehicles.

In addition to cutting staff and unallocating plants, the company will also work on "engineering in advanced technologies", attempt to improve "quality and speed to market" and invest more in "next-generation battery-electric architectures", the GM news release states.

What will happen to the workers? We've got to think about all those people and all the others who don't work at GM who are going to be impacted from trucking companies, logistics companies.

General Motors Co.'s plan to cancel production at US factories and cut thousands of jobs drew a swift rebuke in the industrial heartland where President Donald Trump posted surprising electoral wins premised on his pledge to restore manufacturing.

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