Posted on 11/11/2016 12:24:27 PM PST by Freedom of Speech Wins
The day after the 2016 election for president, General Motors announced it was laying off another 2,000 workers in plants in Ohio and Michigan, two states that gave President-elect Donald Trump a major victory on Tuesday.
GM said the layoffs will affect the third shifts in the plants in Lordstown, Ohio, and Lansing, Michigan, which build the low-selling cars sold under the Chevrolet and Cadillac brand names.
“The Lordstown plant builds the compact Chevrolet Cruze, whose U.S. sales through October were down 20%,” Fortune magazine reported. “The Lansing Grand River plant builds the Cadillac ATS and CTS, whose sales were down 17% through October.”
Earlier this year, General Motors informed investors and the car-buying public that it was increasing its presence in Mexico by investing upwards to $691 million to build new plants and expand current ones south of the border.
At the time, GM Mexico President Ernesto Hernandez celebrated the investment for what it will do for the Mexican economy.
http://www.breitbart.com/big-government/2016/11/10/day-election-general-motors-announces-2000-layoffs-ohio-michigan/
(Excerpt) Read more at breitbart.com ...
No GM purchases in this family since that time either. Ford for us. My Brother has had 3 or 4 GMs since then though. It is a free country I guess.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.