In our Tuesday news wrap, President Donald Trump tweeted that he is considering eliminating all federal subsidies for GM. Economic adviser Larry Kudlow referred to the president’s “disappointment” over the auto giant’s decision to close several American factories. Also, questions…
After General Motors announced impending layoffs and plant closures, President Trump vented his frustration over Twitter and in a wide-ranging interview with the Washington Post, in which he blamed Fed chairman Jay Powell for the auto giant's move. Sarah Sanders…
By Jonathan Lemire, Zeke Miller, Associated Press
GM announced Monday it would shutter five plants and slash 14,000 jobs in North America.
General Motors has announced it is cutting its workforce by 14,000 employees, closing several plants in North America and eliminating at least five passenger car models. The corporate overhaul, which represents the company's biggest shakeup since it faced bankruptcy a…
By Tom Krishner, Rob Gillies, Associated Press
GM is closing a Canadian plant as it prepares for the next economic downturn, shifting trade agreements and potential tariffs on imported automobiles.
The investigation covers 2014 through 2016 Chevrolet Silverado and GMC Sierra pickups. Also involved are Chevrolet Suburban and Tahoe, the GMC Yukon and Cadillac Escalade SUVs.
By Tom Krishner, Sam Hananel, Associated Press
The Supreme Court on Monday turned away an appeal from General Motors Co. seeking to block dozens of lawsuits over faulty ignition switches that could expose the company to billions of dollars in additional claims.
In our news wrap Thursday, Paris remains on high alert after a gunman killed one policeman and wounded two more before killing himself. The attack comes just three days before voting begins in France’s presidential election. Also, President Trump reignited…
By PBS NewsHour
By Associated Press
Moving forcefully against Obama-era environmental rules, President Donald Trump is set to announce in Michigan plans to re-examine federal requirements that regulate the fuel efficiency of new cars and trucks.
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