Automaker: How Mary Barra is transforming General Motors – and rising to Trump’s favorite
Once US President Trump attacked General Motors, today he is praising the company's CEO Barra on an open stage. This is because the automaker is investing billions in domestic production - not without risk.
US President Donald Trump has praised General Motors CEO Mary Barra and the company's plans to shift production to the US. At a visit to GM's test site in Milford, Michigan, Trump lauded Barra and the company's investment of over $16 billion in US manufacturing and research this year. GM plans to invest $9 billion in production and is shifting some production from Canada and Mexico to the US, including models such as the Blazer and Equinox, in a bid to avoid tariffs.
The move is expected to benefit from Trump's policies, but may lead to higher production costs and ultimately more expensive cars for consumers.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
