GM is expanding its plant in San Luis Potosí. (PHOTO: gmauthority.com)
After more than a year of watching Republican presidential candidate Donald Trump bash Ford Motor Co. for moving jobs to Mexico, General Motors Co. has pushed ahead with its own expansion. It just hasn’t said as much as Ford, according to Bloomberg News.
GM is advancing on an $800 million investment for its global small-car lineup that includes a factory retooling in San Luis Potosi state. That plant and another facility in Mexico will also build the all-new Chevy Equinox sport-utility vehicle next year, people familiar with the matter said.
The automaker has only said that the new Equinox will be built in a factory in Canada and two other sites, keeping mum about Mexico and avoiding both attention from Trump and the chance that the news might have roiled labor talks in Canada last month, said the people, who asked not to be identified because the matter is private.
Taking a lower profile has kept GM out of Trump’s cross-hairs and helped the Detroit-based company reach an agreement with its Canadian union, even as the Republican candidate singled out Ford’s latest Mexican factory plan as “an absolute disgrace.” For Mexico, GM’s tight-lipped approach hints at how U.S. companies might operate if Trump wins the election after campaigning against the North American Free Trade Agreement.
To read complete article click here.
Source: bloomberg.com
Comments
more recommended stories
Yucatán beekeepers to receive more and better support from state governmentThe Yucatan state government and apicultural.
AMLO orders end to corporate tax breaks in MexicoMEXICO CITY, May 20 (Reuters) –.
Climate change improves production of habanero pepper in Yucatán“Facing the climate change that prevails.
Google suspends business with Huawei after Trump blacklistAlphabet Inc’s Google has suspended business.
On World Bee Day, actions are needed to Save the BeesThe United Nations designated May 20.
Morehouse College grads are surprised by a billionaire’s promiseAtlanta, GA (CNN) – Morehouse College.
Father of slain pregnant teen blames ‘anti-immigrant laws’ for delay in investigationThe father of a pregnant teenager found.
Trump ‘engaged in impeachable conduct’… GOP Rep. Justin Amash.Justin Amash is the first GOP.
Los Cabos, Mexico from a tourist point of view (VIDEO)Laurel and Brandon went on vacation.
Quintana Roo beaches threatened by smelly seaweed invasionMEXICO CITY (AP) — Tourists looking.
Leave a Comment