BREAKING NEWS

More Winning: GM Announces $1 Billion Investment in U.S.

Posted On 17 Jan 2017
By :
Comments: 54

Only a couple of short weeks after President-elect Donald Trump bashed General Motors for their factory outsourcing, the auto giant is announcing a new plan to invest more than $1 billion in the United States. According to a piece in the Wall Street Journal on Monday, GM will put the money into expanding their current U.S. factory operations, ultimately creating more than 1,000 new American jobs.

On January 3, Trump called GM out on Twitter for using Mexican labor to build some of its automobiles.

“General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border,” he wrote. “Make in U.S.A. or pay big border tax!”

Trump make another allusion to the carmaker last week in his press conference as he praised Ford and Chrysler for moving jobs back to the U.S. “I hope that General Motors will be following,” he said. “And I think they will be.”

It turns out he was right. In a statement to WSJ this week, GM general counsel Craig Glidden said that while the company didn’t base its decision on gaining favor with Trump, the carmaker was committed to building domestically.

“This is something we’ve been undertaking for some period of time,” Glidden said. “It’s really getting our story told in a way that is I think complete and fulsome.”

In other words, these companies don’t want to give Trump any credit, lest the American people start to believe that he has power over them. Perhaps a wise strategy, but there’s no denying that GM, Ford, and the rest of the U.S. manufacturing industry is keen to get on the president-elect’s good side. There is a patriotic economic movement happening in America right now, and GM knows as well as any other company that it would be unwise to land on the wrong side of that populism.

“As the U.S. manufacturing base increases its competitiveness, we are able to further increase our investment, resulting in more jobs for America and better results for our owners,”  GM CEO Mary Barra said. “The U.S. is our home market and we are committed to growth that is good for our employees, dealers, and suppliers and supports our continued effort to drive shareholder value.”

Fact is, whether they were directly pressured by Trump or not, GM recognizes that things are about to be a lot different when it comes to the economic landscape. Their announcement is just one more domino falling into place. Soon, this movement will be unstoppable.

We may get tired of winning after all!


About the Author
  • jgfsmf

    I don’t care what excuse they use, I’m just glad they are bringing jobs to the USA. Besides, we all know that Trump made this happen.

    • gotabgood

      See my post above for the explanation
      He made nothing, except noise..

      • Louie Crapanzano

        Too bad oblama never made noise like that In 8 years the only thing he created is a big bank account for himself

        • gaeliclass

          and division, debt, lack of jobs… the worst Foreign Affairs Office every… tried to break down the entire Military………..but didnt make it!!

      • gaeliclass

        you should really go away.. and no we dont want to see your ridiculous post!!

      • G.Mann

        And, these words of wisdom from a rabid liberal who only breathes intestinal gas because his nose is so far up other rabid liberals asses.

        Yeah… right..

    • Mustafa Curtess

      Better question: Would this have happened if Hillary had won? (I think: Not.)

      • gaeliclass

        no …if HClinton had won Russia would have declared war by now………..that is what would have happened… let us thank Trump and the men and women all over America who worked so hard… to make this happen…

        • Mustafa Curtess

          I meant the thing about GM expanding here – instead of in Mexico (which they say has nothing to do with Trump).
          But I would like to hear more about your thoughts about war with Russia. That has been the theme over my entire life (born 1937), but by the time I was 25 – I just couldn’t believe Russia would ever attack the US. I believe it even less, now. I have to assume that if there is a war – the US will start it, one way or the other.
          Back in the 1970’s I Worked around a bunch of Russian guys (mechanics – just like me) and after a few months they included me in their off-duty lives and opened up to me about working-class Russian’s lives and concerns. They made a lot of good points about Russia’s needs in the world, and the US’ conduct and goals (which I pretty much knew already). Not a laughing matter – and they made more sense than I had ever been exposed to here in the US before.
          I guess with Hollywood movies and stuff – we have a romantic notion of a war with Russia (that we are, of course, just automatically to win) – but I don’t expect the reality to be all that much fun. They have experience fighting an invader (the Nazi’s) on their own turf – and we have not – since US Independence – and I’m convinced that a US-Russia war would be on Russian soil. I just don’t think it would be a “walk-over”,- like Afghanistan and Iraq were.
          But – anyway, I think Trump will improve relatins with Russia.

      • johnwlooper

        We’d be speaking Russian or Chinese in three years! The American people are much smarter than I gave them credit for being in this last Election.
        Hillary, Bill, Reid, Pelosi, Boxer, Waters, Schumer, McConnell. Boehner, McCain and some more ought to be in Jail!

      • Uzoozy

        Yes

    • Terry

      Exactly !

    • PPTA

      If Trump pulls this off, The RINOS nd Democrats are really going to shine out as greedy, stupid idiots

      and more than likely could loose the next primary and election RINO Republicans have done nothing to stop OBAMA in the last eight years.

  • gotabgood

    This one wants Trump to apologize….

    Tue Jan 17, 2017 | 9:15pm EST
    Woman sues Trump in New York for defamation over sexual assault denial

    • gaeliclass

      you are really boring and tiresome…take a break……………….

  • gotabgood

    Why did GM make an announcement without specifics?

    “As with Ford, Fiat Chrysler, Hyundai and Toyota before, General Motors
    announcement today is mostly theater to play in the news cycle created by
    President-elect Trump’s tweets,” said Autotrader senior analyst Michelle
    Krebs, a longtime auto-industry observer. “These investments and hiring
    plans have long been in the works and are a continuation of what the company
    has been doing in recent years — trying to run a successful, profitable
    business. The only thing ‘new’ here is GM’s aggressiveness in announcing its
    plans.”

    I think that’s exactly right. The spending plans underlying today’s
    announcement have probably been in the works for several months — maybe
    longer, as they’re likely keyed to upcoming new products that may have been
    under development for two years or more at this point.

    But GM clearly saw a need to make the point to President-elect Trump, who
    has made a practice of Twitter-shaming manufacturing companies
    in an effort to drive U.S. job creation.

    http://host.madison.com/business/investment/markets-and-stocks/general-motors-responds-to-trump-with-billion-in-new-u/article_eac7972e-2399-5b1d-b891-66cc337265d1.html

  • gotabgood

    All she wants is an apology….. doesn’t even have to cost him a nickle…..

    https://www.youtube.com/watch?v=6BNakzLQPhU

  • gotabgood
  • gotabgood

    The hot topic of today is healthcare and it seems ObamaCare has taken on a few more fans than ever before as per the chart I posted below. Kentucky I think would like to have a “do over” vote.
    Time to stop and think a minute…. your new guy, Price, is wanting to privatize Medicare and cut Medicaid.
    Today
    Medicare cost you X amount of dollars. and you get X amount of
    coverage. When you privatize anything we have a new bottom line….
    called PROFIT. To make a profit one of two things must happen. Your
    cost goes up, or your coverage goes down…. maybe both could happen.
    You people on Medicare…. and no one else!!!!!
    Can you afford to pay more and get less coverage? Just so some guy can make a profit off you?

    • gaeliclass

      you are truly mixed up…

    • johnwlooper

      You also have competition for business. Local governments have privatized many things in the past and have gotten better quality of services for less money.

      • gotabgood

        Let me get this straight…….. The government has privatized many things……?????
        Name one!
        I am not saying you are wrong… I just have not heard of such a thing… so you can enlighten me, by naming this “thing” the government has privatized, with references please..

        • johnwlooper

          I believe I said Local Government. One thing that immediately comes to mind is Garbage Collection. It is cheaper to contract for that service than it is to purchase the equipment, hire the employees, pay them and provide benefits for them. The maintenance and ancillary costs are covered by the contractor, all included in the contract. No unions to deal with either.
          Check with your local government. You may find they are already doing this and in other areas as well.
          The City of Irving, Texas and Corinth, Texas are two who have been doing this for years.
          There are many others as well.
          There is no reason the Federal government couldn’t expand that concept and save money.

          • gotabgood

            you did real good except for one minor detail……. References.

            And the unions you quickly done away with means you do not care about wages or benefits…. Unions at one time was the standard… non-union shops use to advertise.. we pay union wages….. now the standard is we pay minimum wage. Why are we on the road to see how low we can go instead of trying to better ourselves…. the cry shouldn’t be “He makes too much money” It should be “Let me have an opportunity to better myself in schooling, so I can make the bigger pay checks”. Lets stop this mad race we are on to the bottom with China and India. Lets put a border tax on.. like they do us…. lets protect our workers and manufactures and bring back the quality in workmanship…. nobody likes China Products… but we buy them…. mainly, because we make nothing here any more…. it has got to stop

          • johnwlooper

            You are a good little Democrat aren’t you? If you will get off your rear end and do a little research of your own instead of listening to the Liberals who are wrecking this country, you might change your mind. I remember The Lone Star Steel Mill back in the 60’s paying the custodial staff $25.00 per hour to keep the offices clean. Compute that Sir. I think there are jobs that are not worth that amount of wages and benefits. 15.00 per hour is too much for flipping hamburgers too!

          • gotabgood

            Well in some ways you are right…. but back in the 60’s McDonalds hamburgers were 25 cents, a shake was 25 cents and french fries were 15 cents.. add them all up and at todays prices you couldn’t buy one of their cheap hamburgers.

            And I worked in union shops in the 60’s making good money at $3.00 an hour. your figure of $25 an hour for custodial staff is top of the line bullshit!

            You lying is what gave unions a bad name… next you will tell me how a union shop treated you badly and undeservedly…. again I say BS!

            I have worked in the states of Michigan, Indiana, (no union there) Illinois, California, Arizona. And before me my father was a union man.

            Stop lying… it is not necessary… there is nothing to prove… here is a website you should visit…

            https://www.jstor.org/stable/41834563?seq=1#page_scan_tab_contents

            Here are the wages of 1960..
            https://uploads.disquscdn.com/images/e8f94992f4576c439825a167110ab562cb75f609674da360ca53d7f50557dbb2.png

          • gotabgood

            By the way… you try to make a living on $15 an hour…

          • terry b

            Mr. Looper, can you back up the statement saying that Lone Star Steel Mill paid custodial staff $25.00 per hour in the 60’s. That appears to be false. Please enlighten me.,Thank-You sir.

          • terry b

            Mr. Looper, U.S Steel bought Lone Star Steel for 2.1 billion dollars in 2007, I believe. U.S. Steel issued this statement. “These proposed actions are strategic decisions for the company after
            considering a number of factors, including challenging marketing
            conditions for tubular products, reduced rig counts, and unfairly traded
            imports,” U.S. Steel spokeswoman Erin DiPietro said in a statement
            issued Thursday. P.S I could not find any mention about Paying $25.00 an hour for custodial person. Can you?

          • johnwlooper

            I was a young police officer in the early 60’s and read that in some publication from somewhere. I was making just over $300 a month and that floored me.

  • gotabgood

    And many more billions of dollars to your favorite wall street company… GOLDMAN SACHS! https://uploads.disquscdn.com/images/e88cad395960b56b48a81de1ea6321db2d1f06cb3a64eac9ce012cb4d26e9358.png

  • kotoc

    There are always pluses and minuses to every type of business venture, but I think this is going to be a big plus in the long run for the manufacturers… and not just those that make automobiles, either. The labor might be cheaper in Mexico (the down side of this idea) but the economy would benefit in the long run with more jobs filled by Americans, who in turn spend that money here at home. It creates the “domino effect” of spending, so to say. I just hope the turn of events doesn’t substantially raise the prices in order to keep the pockets of the ‘fat cats’ lined. I can see that will be an issue…. we’ll just have to wait and see what happens next!

    • gaeliclass

      you should really really really try hard to understand what is happening and it is not only about money!

      • kotoc

        Perhaps you might enlighten me, then? Would it be due to a strained relationship with Mexico?

  • Kent2012

    the kenyan boyo commie cheer leaders are whooping and hollering….one of their older heroes, billy “the rapist traitor” clintoney who is the patriarch of the clintoney rape and crime family (rape is not a crime if you are a clintoney) are coming out of the woodwork…joining got2Bsuckingitgood are loads of hores from hollow woody along with the congressional blacki carcass cocki up there in DC…lots of morons, aholes and idiots….glad the darkies and other of the democrapo clowns will stay away from the inauguration, that makes more room for Real Americans and they will not have to smell the stench of the diaper filled twits…..

  • shamil

    Things are looking up- Encouraging! Giving thanks and will pray through the inauguration and thereafter. God Bless the USA!

    • gaeliclass

      right on.. a whole new day for the USA and the world..

      Praise The Lord

  • gaeliclass

    absolutely it was because of Trump……….no doubt about it…regardless of what these car manufacturers say… Trump has brought about a new movement not only in America but the entire world and it is called ‘Take your country and freedom back and that means your business too and the right to earn a decent living and own a home…’ this is what Trump has done.. and he has put his money and life behind it!!

    This is what is hitting the world and why the extremist socialist-marxist leftists (formerly called the democratic party) are mad… so mad that these dangerous anarchists will stop at nothing to destroy the good that is coming out through Trump and those who supported him….
    America will be great again – it is the dawn, thank God, of a new age for the USA.. and the world..

    God bless Trump and his family and all those working with him……..and may evil die… and it will.

  • Glenda Hammer

    Hillary would be cutting deals with Wall Street to open the borders, flood this country with illegals and ship all our jobs to Mexico and China for Wall Street profits.
    Trump is just doing what he promised to do.

    • Terry

      I believe you forgot the most important one for her and that would be Clinton profits . Without that she does nothing .

  • johnwlooper

    I look forward to some real change on this sort of things. The damned Democrats and their money grubbing ways have all but destroyed this nation and it is time to end that madness!

  • doc

    Maybe they can design something that will last over 50,00 miles!!Most of us can’t afford the cost of repairs,or a new car ,everytime you turn around!!

  • Loving America

    Sharpton and Others In Love With This Obama should be told to Shut UP and quit spewing crap out their Mouths!
    Sharpton’s Time is over with too along with Jackson and All Their Gang Members to include the Black Panthers who think they run America! They are a black plague disesase in America!

    • Eileen Kuch

      You’re 100% right. All those Bolsheviks in love with this Obama should be told to STCU. Sharpton’s time’s over with, along with Jackson and all of their gang members to include the Black Panthers who think they run America (which they don’t). As you said, they’re a black plague disease in America, and decent Blacks have no respect for them.

  • Jean Langford M.

    HELL YEAH..LOVE THIS GUY..MORE JOBS FROM THE PRESIDENT ELECT..35% TARIFF TAX HAS THEM RUNNING SCARED…

  • maxx

    The entire country is going to benefit. All Trump has to do is provide some focused criticism of the American businesses that benefitted from all the trade deals created by Bush, Clinton and Obama that allowed the businesses to move out of America.

  • Walter Flatt

    MASONS AND ALL TAX EXAMPT ENTITIES IT IS PAST TIME TO QUIT PLAY ACTING AND START WORKING TO SAVE THIS COUNTRY, LIKE MASONS DID THE FIRST 60 YEARS. BEFORE MUSLIMS TAKE US OVER AND STOP US HERE.

    HAS OBAMA SET HIMSELF UP TO LEAD A MUSLIM TRY AT INVADING THIS COUNTRY? WHAT ARE THE 5 MUSLIM CAMPS DOING IN NORTH VIRGINIA? COULD IT BE TO TRY AND TAKE WASHINGTON, THIS WEEK? AFTER ALL HE HAS SAID HE WOULD NOT LEAVE AND TRUMP WOULD NOT TAKE OVER.

    IF YOU OR A MEMBER OF ANY OF THE TAX EXAMPT PEOPLE TAKE OFFENSE OF THIS, THEN YOU ARE TRYING TO DESTROY MY COUNTRY.

    I AM A 32 DEGREE MASON, WITH NEARLY 60 YEARS OF SERVICE AND I CAN TAKE A STAND. A KOREAN WAR VET 51/53. I AM ASHAMED OF WHAT JOHNSON’S TAX EXAMPTION CLAUSE DID FOR THIS COUNTRY.

    IF OUR FIRST PRESIDENT, GEORGE WASHINGTON A MASTER OF HIS LODGE TOOK A STAND, SO CAN YOU AND IF YOU DO NOT, YOU ARE TRYING TO DESTROY MY COUNTRY. HE DID NOT HIDE.

    NOW IS THE TIME FOR ALL TAX EXAMPT ENTIES, SUCH AS THE MASONIC LODGE, KNIGHTS OF COLUMBUS MOOSE, ELKS,AND ALL CHRISTIAN CHURCHES TO COME OUT OF THE CLOSET, FIND OUT ABOUT PEOPLE RUNNING AND ADVISE THEIR PEOPLE THE TRUE STORY SO THAT THEY CAN VOTE FOR THE MOST QUALIFIED.

    TRUMP HAS SAID HE WOULD DO AWAY WITH WHAT THE TAX EXAMPT DEAL THAT JOHNSON PUT ON, KEEPING TAX EXEMPT ENTITIES FROM TALKING POLITICS.

    WE MUST FIGHT FOR THIS COUNTRY OR LOSE IT, THE MUSLIMS ARE TRYING TO TAKE IT OVER AND THE BIASED MEDIA AND POLITICIANS ARE TOO STUPID TO TELL THE PUBLIC.

    IF WE DO NOT STICK TOGETHER AS A UNIT, THEN WE ARE DONE FOR. THE AMISH PEOPLE VOTED AS A UNIT FOR TRUMP AND GAVE HIM PA., OH., MICH., IOWA, FLA., NEARLY VA., AND HELPED IN IND. THIS SHOW WHAT CHRISTIAN PEOPLE CAN DO WHEN WE STICK TOGETHER.

    MASONS HAD 14 PRESIDENTS AND 18 VICE PRESIDENTS, THE FIRST 100 YEARS AND WE DESIGNED WASHINGTON, DC. BUT BECAUSE OF A PLAN BY JOHNSON TO TAKE AWAY OUR TAX EXAMPTION WE ARE NOT ACTIVE IN POLITICS.

    TRUMP SAID HE WOULD DO AWAY WITH THE ABOVE LAW.

    A LAW WAS PASSED IN 1952 BANNING ALL MUSLIMS FROM THIS COUNTRY. LET US HOPE AND PRAY TRUMP ENFORCES THIS LAW.

    PRAY FOR PRESIDENT ELECT TRUMP EVERY DAY. HE WILL NEED US TO OVERCOME THE EVEL OF THIS WORLD.

    GRAND LODGE IN WASHINGTON, AND GRAND LODGES IN EACH STATE HAD BETTER WAKE UP OR WE WILL LOSE ALL PRIVELAGES IF THERE IS A MUSLIM TAKE OVER AND SO WILL ALL TAX EXAMPTS.

    BELIEVERS IN CHRIST STICK TOGETHER, THIS IS WHAT MILLIONS AMISH PEOPLE DID. 30 LEADERS MEET IN OHIO WITH 3 MILLION AND VOTED THAT ALL WOULD VOTE FOR TRUMP. THERE COULD BE 20 MILLION AMISH IN THIS COUNTRY.

    THIS IS WHAT GAVE HIM OH, PA, MICH, FLA, IOWA AND HELPED IN IND AND NEARLY GAVE HIM VA.

    FOLKS IF YOU DO NOT THINK GOD WAS INVOLVED IN THIS ELECTION, I SUGGEST YOU THINK AGAIN.

    I BELIEVE WE HAVE BEEN SET UP BY HILLARY, OBAMA, KERRY, SOROS, AND THE BIASED MEDIA AT A TRY FOR A MUSLIM TAKEOVER, IF NOT, WHY ARE THERE A MINIMUM OF 37 MUSLIMS CAMPS IN THE USA, (5 IN N. VA. CLOSE TO DC) AND A FEMA CAMP IN EVERY STATE, TRY AND BUY UP ALL AMMO, TAKE OUR GUNS, BRING IN THOUSANDS OF YOU MUSLIMS. GET READY FOLK. PUT PIG GREASE ON YOUR BULLETS.

    OH, I HAVE KEEP RECORDS OF ALL THINGS THAT HAS HAPPENED THE LAST 8 YEARS AND HAVE FACTS AND FIGURES IF ANY OF YOU PEOPLE DOUBT ME.

    SHARE, SHARE, SHARE THIS OVER AND OVER AGAIN.

  • Raymond Miller

    OK, OK, I am tired of winning already, please stop, I can’t take it anymore !

  • ldazzle

    At least that’s a partial payment back to us taxpayers…

  • nekroluma

    what merit is getting an economy to function when no one will be left alive on the surface of this planet, only in sealed elaborately filtered clean rooms will some form of existence continue, the sealed cities only 2025 investment agenda of m.a. rothschild and sons, it will be the only game on the planet, unless the aerosol spraying just like the covered crowd at DC by the m.a. rothschild IMF owned US airforce are stopped

  • epauls

    Many large companies, including General Motors, were given large Stimulus $$$ by Obama in 2009. Then this stimulus was used to expand their business in other countries. Why does the Media not discuss this IRREGULAR LEADERSHIP. Is that a Rat that I smell?

  • Matlonc

    They can say what they want about why they are investing in the US. We all know why- its about time we have a business man running the country who understands profit, loss, labor costs, etc. No more status quo. IT will drive the media and the elite politicians crazy but in the end it is all about the american worker and people.

  • Chris ✓ᴺᵃᵗᶦᵒᶰᵃˡᶦˢᵗ

    Trump is making a deal with these companies. Bring some jobs back and we won’t charge a border fee. He said in his rallies “folks, we won’t have anything left. All these companies are going to leave.” Mexico pays $3 per hour for auto manufacturing, US pays $27. Letting them have some down there offsets the cost.
    Good for him, he actually cares. Obama was helping them leave. Even leaked DNC emails Donna Brazile said when jobs report came out: “the jobs are low paying and part time”

  • Camaro with 700HP—Its here man.




Newsletter Subscription

2014 UnfilteredPatriot.com
Facebook Auto Publish Powered By : XYZScripts.com