GM won’t be treated well after plant closures, Trump warns

GM CEO: We want General Motors to stick around for ‘next several decades’ GM CEO Mary Barra speaks after meeting with Maryland’s delegation. President Trump railed against the CEO of General Motors, Mary Barra, on Thursday, calling her “nasty” and saying the auto manufacturer would not be treated well moving forward, regarding its decision to slash 15 percent of its […]

Read more

GM battle government to retain tax credit for electric cars

General Motors is fighting to retain a valuable tax credit for electric vehicles as the nation's largest automaker tries to deal with the political fallout triggered by its plans to shutter several U.S. factories and shed thousands of workers. Continue Reading Below Preserving the $7,500 tax incentive for buyers is crucial for GM as the company pivots from internal combustion […]

Read more

Officials meet with GM chief over plant closing

Sen. Sherrod Brown, D-Ohio, left, and Sen. Rob Portman, R-Ohio, speak to reporters after a meeting with General Motors CEO Mary Barra to discuss GM’s announcement it would stop making the Chevy Cruze at its Lordstown, Ohio, plant, part of a massive restructuring for the Detroit-based automaker, on Capitol Hill in Washington, Wednesday, Dec. 5, 2018. (AP Photo/J. Scott Applewhite) […]

Read more

GM CEO Mary Barra to meet with lawmakers amid Trump threats

Trump renews auto tariff threat after GM’s layoff announcement American International Automobile Dealers Association CEO Cody Lusk and Wall Street Journal automotive reporter Tim Higgins on how President Trump is threatening to impose tariffs on imported cars after General Motors announced job cuts and plant closures. Amid harsh criticism and threats of penalties from President Trump, General Motors CEO Mary […]

Read more

If you invested $1,000 in General Motors in 2012, here's how much you'd have now

President Donald Trump denounced automaker General Motors this week after the company announced plans to cut 14,000 jobs in the United States and Canada, and to cancel some of its popular car models, including the plug-in hybrid Chevrolet Volt. He also threatened to cut the company’s subsidies, specifically a tax credit the car-maker is already likely to lose. Shares fell […]

Read more

In GM country, workers aren't abandoning Trump – so far

In this Nov. 28, 2018 photo, Tom Wolikow, right, holds his daughter Annabella alongside his father John, left, at their home in Warren, Ohio. It was working-class voters who bucked the area’s history as a Democratic stronghold and backed Donald Trump in 2016, helping him win the White House with promises to put American workers first and bring back disappearing […]

Read more

Trudeau slams GM closures, urges Trump to remove tariffs

Trump renews auto tariff threat after GM’s layoff announcement American International Automobile Dealers Association CEO Cody Lusk and Wall Street Journal automotive reporter Tim Higgins on how President Trump is threatening to impose tariffs on imported cars after General Motors announced job cuts and plant closures. Canadian Prime Minister Justin Trudeau said on Friday that General Motors’ decision to close […]

Read more
1 2 3 6