GM CEO Barra to Meet with Trump Thursday After Trump Criticized General Motors
US President Donald Trump on Friday criticized General Motors for a new report detailing the shrinking workforce of the car giant in the US market.
General Motors (GM.N) Chief Executive Mary Barra will meet with U.S. President Donald Trump and White House officials on Thursday — just days after GM came under attack from Trump, the White House confirmed late Wednesday.
“General Motors, once the Detroit giant, is now one of the smallest automakers out there,” Trump said on Twitter.
“They moved major factories to China, before I came to the presidency. It happened despite giving them bailout help from us. They should now start returning to America again. ”
A Bloomberg News report showed that GM now employs fewer unionized workers in the United States than Ford and Fiat Chrysler for the first time in its 80-year history.
According to Bloomberg, the number of GM-sponsored employees has remained fairly stable over the past decade. But in 2014, the number was exceeded by Ford and then by Fiat Chrysler this year.
GM has become a frequent target of attack by the president after campaigning to revitalize the US auto industry.
But the company continues to reduce its domestic production and move its operations to countries such as Mexico and China.
Trump strongly criticized the company’s chief executive Mary Barra earlier this year when the company announced it would move several plants in the United States and Canada, citing a shift in demand. The announcement also prompted Trump to threaten to scrap subsidies for electric cars.
The car giant has 46,000 union workers, a big drop from the peak of more than 618,000 four decades ago.
But the industry was destroyed during the recent recession, and GM left thousands of workers to leave when it filed for bankruptcy protection after its bankruptcy in 2009.
However, according to Bloomberg, GM is pumping $ 23 billion into US operations, about five times as much in Mexico, where the company’s workforce is about a third of its workforce.