$1B and new jobs at GM
DETROIT — General Motors plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump.
In all, the Detroit automaker said it will create or keep 7,000 jobs in the next few years, including about 2,000 at factories. Another 5,000 new positions will be created at its auto financing arm and to develop advanced technology, electric and autonomous vehicles and information technology.
‘Good timing’: Trump has demanded the auto industry build more cars in the U.S. GM said these latest actions have been in the works since well before the election, although spokesman Patrick Morrissey acknowledged it’s a good time to announce new jobs in the U.S. Trump will be sworn in as the nation’s 45th president Friday.
“There’s no question there is an emphasis on job creation in the U.S. right now,” he said. “This is good timing for us to share what we are doing.”
Morrissey said most of the new positions would be in Michigan, with exact locations to be revealed at a later date. The long-planned new white-collar jobs will come in the next two or three years.
GM said the factory investment will create or keep about 1,500 jobs at unspecified factories. In addition, 450 new pickup truck axle-making jobs will be moved to Michigan from Mexico. GM also said an unidentified company that will make parts for the next-generation pickups will move 100 jobs from Mexico to Michigan.
Trump has attacked GM and other automakers for building vehicles in Mexico and shipping them to the U.S.