General Motors will reportedly invest at least $1 billion in several of its factories in the United States, a move that will create more than 1,000 jobs.
The Wall Street Journal reported GM could announce the news as early as Tuesday.
The news about the carmaker comes less than two weeks after President-elect Donald Trump called out GM on Twitter for making its Chevy Cruze in Mexico and then shipping the cars to the U.S. without paying border taxes.
And last week during a press conference, Trump turned up the pressure on GM by praising Ford and Fiat Chrysler for investing in the U.S. and adding jobs. Then he said, "I hope that General Motors will be following. And I think they will be."
GM's general counsel Craig Glidden told The Journal the decision to invest more at its American plants did not happen overnight.
2 comments:
And it isn't just because of the taxes Trump has threatened. It's because of the laws he intends to repeal or pass, making the business environment in the US far more friendly!
Big difference huh remember Obama gave them a hand out instead of giving them the tax breaks and incentives they needed to stay profitable. Thats the difference between a libtarded ignorant fool and a bussiness man.
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