GM stages $1.4 billion U.S. investment announcement to appease Trump

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GM stages $1.4 billion U.S. investment announcement to appease Trump
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The spending at a Michigan factory is not a direct result of the president’s pushing, two people familiar with the matter said.

By Heather Long and Heather Long Economics correspondent Email Bio Follow Josh Dawsey Josh Dawsey Reporter covering the White House Email Bio Follow March 22 at 6:46 PM General Motors announced a substantial new investment at a Michigan factory Friday that the automaker says underscores its commitment to building vehicles and creating jobs in the United States.

GM is pumping $300 million into its Orion Assembly plant in the Detroit suburbs to build a new electric car. The company did not disclose any details about the car but did say 400 jobs would be added at the Orion factory, which already makes the electric Chevy Bolt and a self-driving vehicle. Auto industry experts point out that GM’s contract with the UAW expires in September, and it is typical for major automakers to announce sizable new investments around this time as the companies and the union agree on pay and production details for the next several years.

But Larry Kudlow, head of Trump’s National Economic Council, said the GM news is welcome. He spoke with Barra on Thursday about it. “And what’s going on with General Motors? . . . Sell it to somebody or open it yourselves. Get it going now, and the UAW will help you,” Trump said Wednesday on a visit to Ohio.The Lordstown area had voted for Democrats for president for decades before swinging to Trump after he promised to bring jobs back from abroad.

But some Ohio lawmakers were not satisfied with Friday’s GM announcement. “After GM pocketed billions of dollars in tax cuts, they can certainly afford to do right by their workers, retool the Lordstown plant and invest in the Valley as they did in Orion Township today,” said Sen. Sherrod Brown .

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