[Craig Nigrelli]
COME MONDAY – 200 GENERAL MOTORS EMPLOYEES WILL BE OUT OF A JOB.
THE COMPANY SAYS IT’S **TEMPORARILY** LAYING OFF WORKERS AT ITS ALL-ELECTRIC “FACTORY ZERO” IN DETROIT – SO IT CAN ADJUST PRODUCTION TO “ALIGN WITH MARKET DYNAMICS.”
G-M SAYS THE MOVE DOES **NOT** HAVE ANYTHING TO DO WITH PRESIDENT TRUMP’S RECENTLY IMPOSED AUTO TARIFFS.
G-M SAYS THE FACTORY EMPLOYS MORE THAN 45-HUNDRED WORKERS.
THE ANNOUNCEMENT COMES JUST A WEEK AFTER G-M SAID IT PLANS TO **ADD** UP TO 250 TEMPORARY WORKERS – TO MAXIMIZE PRODUCTION OF LIGHT-DUTY TRUCKS AT ITS FORT WAYNE, INDIANA, ASSEMBLY PLANT.
THAT MOVE **IS** RELATED TO PRESIDENT TRUMP’S TARIFFS AS AUTO THE INDUSTRY ADDRESSES CHALLENGES TIED THEM.
IN THIS FIRST QUARTER OF 20-25 – G-M NEARLY DOUBLED ITS E-V SALES YEAR-OVER-YEAR.
HOWEVER… E-V SALES HAVE STILL MISSED INDUSTRY EXPECTATIONS – A BYPRODUCT OF CONSUMER HESITATION OVER AFFORDABILITY, RANGE ANXIETY, CHARGING SPEEDS, AND ACCESS TO CHARGING STATIONS.
AND WITH PRESIDENT TRUMP PAUSING FEDERAL FUNDING FOR CHARGING STATIONS, DIRECTING HIS ADMINISTRATION TO RE-EVALUATE ELECTRIC VEHICLE SUBSIDIES THOSE CONCERNS HAVE ONLY GOTTEN STRONGER.
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