General Motors announced Monday that serious weight loss, with thousands of job cuts, would be more competitive in industry in a full revolution, but the first American car maker was causing Donald Trump.
In total, GM will eliminate 15% of jobs and the group in 2019, by generating the best in seven sites: one in Oshawa, Canada, four in the United States and two outside North America.
By December 2017, the last available account, GM employed 180,000 people worldwide, but the group did not give any indication of precisely exact jobs.
"The measures we take today allow us to continue a transformation to be more fun, durable and profitable," said Chief Executive Mary Barra, quoted in a statement.
"We are aware that we need to predict market changes and consumer tastes so that our company is well placed to succeed in the long term," he added.
The investors appreciated the news: GM shares were close to 4.8% closing.
On the other hand, Donald Trump told Ms Barra that he was "dissatisfied". "I was very hard with her," said the president, who has made the conservation of industrial jobs in her hobbyhorse and has exposed trade obligations with major US trading partners.
"This country has done a lot to General Motors (to save the company from bankruptcy during the financial crisis, ed)," said Mr Trump, threatening threat to see: "They are interested in return to Ohio and quickly, be able to put pressure on them. "
The powerful union AUC also plays on the "America first" register dear to the president, accuses GM of manufacturing in Mexico and China to re-import cars in the United States.
GM denied and the builder also made an indirect answer to Mr Trump, stating that he was still immensely present in Ohio.
– Savings for investment –
This shock procedure should allow General Motors to make savings of $ 6 billion by the end of 2020.
Amongst the staff that were taken, General Motors is particularly assaulting control, and a quarter should be reduced to facilitate the decision-making process.
The US maker also said that these actions would be pressing on the financial performance of the last quarter of 2018 and the first of 2019. The amount of the extra charge will amount to between 3 and 3.8 billion dollars.
But the CEO said that GM "wanted to be sure to invest," especially in autonomous or electric vehicles, at a time when the North America auto market slows down.
Like Ford, General Motors intends to concentrate its production on the most profitable vehicles, such as pickups and SUVs.
"Some vehicles will no longer be available in North America," said Ms. Bar, like the Chevrolet Cruze, a model that is sold at less than $ 17,000 in its basic version.
The Volt production, a hybrid car has also stopped.
– Disappointed Trudeau –
The production of the best production in the Oshawa site in Ontario, which employs about 2,500 people, has caused a shock wave in Canada and the First Minister has responded very fast.
"For genealogies, GM workers have been heart and soul Oshawa," a city about 60 kilometers east of Toronto, says Trudeau at Twitter. He promised to do everything to help people. From the beginning of the morning, workers were disengaged at the union's request.
Their confusion was comfortable. "It will affect my family and myself, if we do not have more jobs, we'll have to sell the house, I'm going to do it?", Asks the factory's united worker Karin Wright.
As well as the Oshawa assembly site, General Motors wants to give up operations in four sites in the United States (two in Ohio, one in Maryland and one assembly site in Detroit).
Two other sites will be closed outside North America, but GM has not identified which ones. The group had already announced the closure of the next year of the Gunsan plant in South Korea.