General Motors to Invest $1billion in U.S with Additional 7000 Jobs

General Motors to Invest $1billion in U.S with Additional 7000 Jobs

Intro

Not many companies can say they weren’t put under pressure by Donald Trump since the day he started the campaign. Companies like Walmart, Amazon, Apple and many others will not forget the words of Donald Trump in a hurry and are in bids to amend their relationship with the new government, they all have been working so hard in bids to get a nod from the president-elect.

General Motors’ announcement came yesterday, and the company patiently laid down plans to invest $1 billion in U.S factories while also stating its commitment to either creating or retaining 7000 jobs in the U.S in coming years.

It’s expected that the company moves about 450 jobs from its supplier plants in Mexico back to the U.S, and also keep an additional 1500 factory jobs in the U.S. General Motors is also adding 5000 jobs to its finance and technology operations, jobs that were likely not in the company’s plans as it was stated that the automaker was already trying to send some 1500 factory jobs to Mexico.

General Motors CEO, Mary Barra had this to say, “as the U.S manufacturing base increases its competitiveness, we are able to increase our investment, resulting in more jobs for America and better results for our owners. The U.S is our home market and we are committed to growth that is good for our employees, dealers and suppliers. This will also support our undying effort to continue to drive shareholder value.”

General Motors to Invest $1billion in U.S with Additional 7000 Jobs



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