Posted on Jan 9, 2017
GM Won’t Move Small-Car Production From Mexico, Despite Trump Criticism
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http://www.wsj.com/articles/gm-wont-move-small-car-production-from-mexico-despite-trump-criticism [login to see] ?mod=e2tw
Movement of industry and job creation are normally not a next day thing.
Your thoughts my fellow RP'ers?
Ms. Barra, speaking to reporters at a GM event on the eve of its hometown auto show in Detroit, said manufacturing decisions and plant investments are made far in advance of production and can’t easily be reversed.
“This is a long-lead business with highly capital-intensive investments—decisions that were made two, three and four years ago,” Ms. Barra said.
Movement of industry and job creation are normally not a next day thing.
Your thoughts my fellow RP'ers?
Ms. Barra, speaking to reporters at a GM event on the eve of its hometown auto show in Detroit, said manufacturing decisions and plant investments are made far in advance of production and can’t easily be reversed.
“This is a long-lead business with highly capital-intensive investments—decisions that were made two, three and four years ago,” Ms. Barra said.
GM Won’t Move Small-Car Production From Mexico, Despite Trump Criticism
Posted from wsj.com
Donald Trump
Economy
Manufacturing
Posted 8 y ago
Responses: 4
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1stSgt Nelson Kerr
one bail out in nearlt a century and making a prifit now. Thywill be around when Trump is reduced to a trivia question and hisrorians people are arguing whether Trump was worse that Buchanan or Nixon
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