General Motors Company (ticker: GM) is pushing back after President-elect Donald Trump early-morning Twitter attack, in which the incoming president took aim at GM for making its Chevrolet Cruze in Mexico and shipping them tax-free to the U.S. for sale.
That’s not the full story, says GM.
“General Motors manufacturers the Chevrolet Cruze sedan in Lordstown, Ohio,” a General Motos spokesman told U.S. News & World Report in a statement Tuesday. “All Chevrolet Cruze sedans sold in the U.S. are built in GM’s assembly plant in Lordstown, Ohio.”
GM says it also builds the Cruze hatchback in Mexico to sell in global markets, and only a “small number” of those are sold in the U.S. It did not clarify the number. The hatchback model went on sale in the U.S. for the first time this fall.
And once again for the 1000th time we find that Trump is right again.
No comments:
Post a Comment