General Motors Co. will lay off 1,500 workers in a By the end of June, the Chevrolet Cruze compact was built at the Ohio factory, undermining the bluster of President Donald Trump on bringing back car jobs.
The Lordstown assembly plant will operate in a single shift as part of the cutback, spokeswoman Dayna Hart said in an email. The company will reduce workforce by roughly half in the factory, although Hart wrote that it will remain open for the foreseeable future.
"Lordstown is one of the few remaining small car builders in the US And our plan is to keep it that way," she said. "GM recently declared our commitment to the sedans and Cruze's role in that commitment."
The job cuts contradict Trump's repeated claims that he is driving a renaissance in the jobs of the US auto factories. UU He has promoted investments in US plants as proof that his administration is revitalizing the Midwest at the expense of Mexico.
As recently as this week, Trump has touted the move of Fiat Chrysler Automobiles NV to upgrade an existing plant to make heavy Ram pickups. He incorrectly stated that the company is leaving Mexico and is building a new factory in Michigan. The Italian-American automaker is actually relocating the current heavy truck factory in Saltillo, Mexico, to build commercial vehicles.
Claim for redress
"We're getting better," Trump said Thursday from The White. Rose Garden House "Now, Chrysler is coming back with auto plants, many companies are now in Michigan, Ohio, in different places, Pennsylvania, they are building beautiful and new automotive plants, nobody thought they would ever see that."
GM's plans for Their Ohio factory is the result of American consumers dying to cars in favor of crossovers. Cruze sales plummeted 26 percent in the first three months of the year to less than 40,000 units and fell 2.2 percent last year. Automobile manufacturers have firing workers at passenger plants as more spacious sport utility vehicles have captured a record share of deliveries across the industry.
Marked for death: Detroit abandoning cars to mint truck money
to close at $ 38.73 on Friday. The stock has fallen 5.5 percent this year.