Trump Touts “People Are Seeing Big Stuff” After GM Unveils 7,000 New U.S. Jobs
by Tyler Durden
ZeroHedge.com
Jan 17, 2017
Confirming rumors that leaked yesterday, GM has just announced plans to invest $1 billion in its U.S. manufacturing operations and add 7,000 jobs domestically, over the next “few years”. Of course, the move follows similar announcements from Ford and Fiat-Chrysler over recent weeks in an apparent effort to appease the incoming Trump administration amid threats of a 35% import tariff and after years of outsourcing automotive manufacturing jobs to Mexico. To add icing to the cake, GM notes that 450 of the new jobs will come from insourcing jobs previously moved to Mexico.
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