US Politics in Trump era Public date: 14.11.2019 12:15:01

Publisher: NYTimes

Author:

26 Nov 2018

G.M. to Idle Plants and Cut Thousands of Jobs as Sales Slow

General Motors announced Monday that it planned to idle five factories in North America and cut roughly 14,000 jobs in a bid to trim costs. It was a jarring reflection of the auto industry’s adjustment to changing consumer tastes and sluggish sales. The move, which follows job reductions by Ford Motor Company, further pares the work force in a sector that President Trump had promised to bolster.
General Motors announced Monday that it planned to idle five factories in North America and cut roughly 14,000 jobs in a...

Publisher: NYTimes

Author:

4 Jan 2017

Ford, Criticized by Trump, Cancels Plans to Build Mexican Plant

The company said on Tuesday that it would instead invest $700 million to increase production in Michigan. The CEO says the reason is because of market demands. They didn't see the demand for the cars they wanted to build in Mexico, so staying in the US was a business decision. He also said that he is encouraged by the pro growth policies signaled by the Trump administration.
The company said on Tuesday that it would instead invest $700 million to increase production in Michigan. The CEO says...

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