Economy Uncategorized

Joe offers GM billions for Electric cars. GM says thanks. They’re spending a billion in Mexico to build cars.

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You see Joe offering billions to the American Auto industry. Well one company is sending a billion to Mexico. For what you say? Well let’s let CNBC tell you what the real deal is involving GM.

General Motors plans to invest more than $1 billion in Mexico to produce electric vehicles, the company announced Thursday.  The investment in its Ramos Arizpe production complex is the first major announcement by the automaker for EV production in Mexico. United Auto Workers Vice President Terry Dittes, who leads GM members, called the investment a “slap in the face” to the union members and U.S. taxpayers.

The company declined to discuss what vehicle or vehicles will be produced there. So if the American workers want a raise, guess what happens to the making of GM electric vehicles here. Also this plant he went to in Detroit? The workers make about half of what the regular plant workers make with pay and benefits. Go Electric.



Reprint. Shuttered Lordstown Plant to Reopen with 600 U.S. Jobs Making Electric Trucks

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Find original article here.

Reprint. Shuttered Lordstown Plant to Reopen with 600 U.S. Jobs Making Electric Trucks. This is a partial reprint of an article Breitbart did May 22. Many say that electric vechicles are the way of the future. And with our love for trucks, this seems to be a natural. You like Trucks?

Lordstown, Ohio, will soon get about 600 American jobs to produce electric pickup trucks for the Lordstown Motors company starting in 2021, with thousands of more jobs expected to follow in 2022 for additional all-electric lineups.

As Breitbart News has chronicled, GM CEO Mary Barra idled the Lordstown plant last year — resulting in the immediate layoff of about 1,600 American workers, and since 2017, GM has laid off about 4,500 American workers in Ohio. Economists have said GM’s idling in Lordstown will eventually result in the layoff of about 8,000 American workers in supporting industries.

We didn’t buy a mass volume plant like this and not plan to fill it up,” Lordstown Motors CEO Steve Burns told the Detroit Free Press. “This is a gem of a building built for volume manufacturing.”

After its initial hiring of about 600 Americans, Burns said he hopes to hire an additional 4,000 to 5,000 for the plant as early as 2022 to produce other all-electric vehicles based on demand. Burns told the Free Press, “We think the electric pickup is the new normal.”


Source: Breitbart