General Motors to slash 14,700 jobs in North America

The Lordstown Assembly facility in Warren Ohio will close

In a statement, Holden said: "While the vast majority of steps announced overnight apply directly to North American operations, GM Holden continues to support GM's global business objective by implementing its strategy to operate a lean national sales company focused on strengthening the Holden brand and growing sales".

Trump tweeted his warning Tuesday, a day after GM announced it would shutter five plants and slash 14,000 jobs in North America. GM will also cease production of several auto models, including the Chevrolet Cruze and the Buick LaCrosse. He did not specify how much GM receives in federal subsidies.

The company has marked a sedan plant in Detroit, which makes the Buick LaCrosse, a compact vehicle plant in OH, and another assembly plant outside Toronto for possible closure.

Meanwhile, it's a fallacy to suggest that the new deal could have either prevented or ended up expediting the cuts, said Dan Ujczo, an OH trade lawyer who hails from Lordstown, the same community outside Cleveland that's home to one of the five GM plants where production is to cease next year. This story also originally indicated that Senator Portman asked GM CEO Mary Barra to commit to bringing a new product to the plant.

The company is placing a substantial bet on a future dominated by three high-tech trends that have been upending the world of the internal-combustion engine: electric vehicles, mobility services like ride-hailing apps, and cars and trucks that are capable of driving themselves.

UAW, the autoworkers union, blasted GM's decision, saying the company was just looking for cheaper workers, and vowed to fight back.

"General Motors' decision today to stop production at the Lordstown, Ohio, and Hamtramck, Michigan, assembly plants will idle thousands of workers, and will not go unchallenged by the UAW", Terry Dittes, UAW Vice President in charge of negotiations with GM, said.

The Detroit Hamtramck facility's closure stirs-up old fury at GM
The Detroit Hamtramck facility's closure stirs-up old fury at GM

Mayor of Detroit Mike Duggan told the media he found the news "troubling" for the city.

Barra also met at the White House with Trump's senior economic adviser Larry Kudlow, in what officials said was a previously scheduled meeting. In July 2017, speaking at a rally about 20 miles away in Youngstown (Ohio), Trump said he saw too many empty factories in the area and pledged to revive manufacturing there. "After years and years of sending our jobs and wealth to other countries, we are finally standing up for our workers and for our companies".

In October, a spokesman for the company said GM remained committed to both the Cruze and continued sales of passenger cars overall. The second-largest domestic automaker had already scrubbed plans for a second assembly line in Mexico a year ago due to declining passenger auto sales.

While boss Mary Barra insisted the firm is positive about the future, the plan will send a chill through markets, given Cadillac and Chevrolet maker GM's traditional role as a bellwether for the U.S. economy.

Cost pressures on GM and other auto makers and suppliers have increased as demand waned for traditional sedans.

"We warned early on that these measures, such as protectionism in aluminium and steel, are rapidly spreading to other industries", Kooths told DW.

The Hamtramck and Lordstown assembly plants are now operating on one shift.

Mack Brown reportedly returning as North Carolina coach
For the past few seasons, since he left his post as head coach of Texas, Brown has worked as college football analyst for ESPN . Brown, a Cookeville, Tenn. native, coached the Tar Heels from 1988-1997, amassing a 69-46-1 record during his tenure.

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