GM Firing 1,500 Workers Undermines Trump’s Boasts on Auto Jobs

GM Firing 1,500 Workers Undermines Trump’s Boasts on Auto Jobs

Updated on

  • Carmaker plans to cut a shift at Ohio plant making Chevy Cruze
  • Trump claims ‘beautiful, brand new auto plants’ being built

General Motors Co. will fire as many as 1,500 workers at the end of June at the Ohio factory building the Chevrolet Cruze compact car, undercutting President Donald Trump’s bombast about bringing back auto jobs.

The Lordstown assembly plant will operate on only one shift as part of the cutback, spokeswoman Dayna Hart said in an email. The company will be roughly halving the workforce at the factory, though Hart wrote that it’ll remain open for the foreseeable future.

“Lordstown is among the few remaining builders of small cars in the U.S. and it is our plan to keep it that way,” she said. “GM recently stated our commitment to sedans and the role Cruze plays in that commitment.”

The job cuts fly in the face of Trump’s repeated claims that he’s spurring a renaissance in U.S. auto factory jobs. He’s touted investments in American plants as proof that his administration is revitalizing the Midwest at the expense of Mexico.

As recently as this week, Trump has touted the move by Fiat Chrysler Automobiles NV to retool an existing plant to make heavy-duty Ram pickups. He’s incorrectly claimed that the company is leaving Mexico and building a new factory in Michigan. The Italian-American automaker is actually re-purposing the current heavy-duty truck factory in Saltillo, Mexico, to build commercial vehicles.

Turnaround Claim

“We’re turning it around,” Trump said Thursday from the White House Rose Garden. “Already, Chrysler is coming back with auto plants. Many companies are now in Michigan, Ohio, different places, Pennsylvania. They’re building beautiful, brand new auto plants. Nobody thought they’d ever see that happen.”

GM’s plans for its Ohio factory are the result of American consumers snubbing cars in favor of crossovers. Cruze sales plunged 26 percent in the first three months of the year to less than 40,000 units and slipped 2.2 percent last year. Automakers have been laying off workers in passenger-car plants as roomier sport utility vehicles have seized record share of industrywide deliveries.

Marked for Death: Detroit ditching cars to mint money off trucks

GM shares slipped 0.3 percent to close at $38.73 on Friday. The stock has dropped 5.5 percent this year.

Original Article : HERE ; This post was curated & posted using : RealSpecific


  • The Ultimate Guide Over 200 Companies that Hire Work at Home Employees
  • The Guaranteed Strategy Capable Of Doubling Your Money In A Month
  • Learn Auto Body and Paint Easily, Get Eye Popping Finishes
  • Start Working From Home As A Phone Sex Operator.
  • All-In-One Car Diagnostics Scanner Software for OBD2, OBDII Cars, with ECU Chip Tuning Ability.
  • 100 Legitimate - Scam Free 2,500 Home Jobs Available.
  • Free Targeted Web Traffic Generator.
  • Work from home tutoring online and set your own hours and start making money today.
  • The Auto Calm System Is A 8 Week System For Overcoming Anxiety And Panic Attacks
  • Work at home assemble and crafts jobs and get payed for it jobs offered by companies.
  • Get paid to write articles, blog posts, ebooks and many more.
  • Clickbank Ads

    Recommended Products

    Uduala DFY Video Ads - Plan B

    Get 100+ ‘Ready To Upload’ Done-For-You Video Ads Direct From Our Uduala Experts. You get 100+ video today and 7 added each week. That's 365 videos in 1 year.

    Facebook Ads Domination - Gold 5 Module Special

    Instant access to Facebook Ads Domination PLR Gold Package: 5 Module Special - Includes 10 video tutorials with PLR and 4 other mega modules

    IM Traffic - Facebook Masters - IM AFF OTO

    IM Traffic - Facebook Masters - One Time Payment Lifetime Access to Kevin Fahey's Facebook Masters Training. Discounted Today

    Comments are closed