After General Motors layoffs, more bumps ahead for U.S. auto industry

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 86%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

The president said the jobs were 'all coming back,' but there's more rough road ahead for U.S. auto industry, analysts warn.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sounds like Dem-Liberals have something to do with this.

The auto bubble will pop as interest rates and gas prices rise, free car loans are going bye bye soon. Then there’s the social media/tech bubble waiting to pop next as the price of essentials rises, a $1000 iPhone will stop selling.

The economy can't fix everything. The US is going to have to work on their quality and features. They can come back, but it's going to take outstanding design and work. GM has had quality issues for years. It's a big part of why we had to bail them out before.

Duh. Don’t need a rocket scientist.

Rumor has it that Obama encouraged layoffs to help Democrats in 2020

MAGA Dont sell your house. Right now Xi is about to eat Trump lunch. Will he pay Trump as MBS did or will he use his greed & dangle Trump Tower Shanghai under his nose

Should soybean farmers invest in seed for next year as trump has made China expand it agricultural dramatically. Will they have the same need tonnage wise ever again?

all trump does is lie , and talk about his self !!!

Yeah, electric cars are the death of the auto industry.

Yea trump...cutting subsidies, which really means cutting people, will hurt gm more than ever but you go ahead cut those subsidies to real people not your rich cronies

Tell the truth. Only manufactures selling sedans is honda,Toyota and Nissan. Trucks and suv are over 100k and ford f series is over 200k. Even the big 3 japanese brands have suv in top 10.

In less than 2 years Trump improved it . Dont expect magic right away. The man is always on the go inspite of all the bashing he gets from his haters.

Right... well, Trump didn't count on the stupidity of GM to try to manufacture, and sell a car to the American people that we have no use for did he?

So much easier to blame your corporate shortcoming and market failures on the President then look in the mirror. But then again it’s been someone else’s fault for the auto industry in this country since Japan introduced the Civic and the Corolla. Couldn’t be Unions...no way

Making promises and not delivering the hallmark of the Trump Administration. The American auto industry has been buckling the weight of international competition America needs sustainable enterprises for the effected cities. America economy SustainableDevelopment uspol

GM wasn't in it for the US workers. They sold us out for Mexico.

Yellow journalism

Coming back ? Where?

That's what happens when you put someone unprepared as the President of the US. He doesn't get it neither he listens to anyone. Everything is fake news and witch hunt until it isn't.

Newsflash: Nobody wanted the Chevy Volt, and 5 different substandard economy cars, that GM was producing solely for govt subsidies; all of this after receiving 5 Billion in govt bailouts. GM is the epitome failed crony capitalism.

Vehicles of the Big 3 all suck. They get what they deserve.

Should we All be Afraid? Sincerely Shellie Gary

Well, let’s hope he’s wrong. I mean, sure, the jobs would be nice, but seeing the president fail is the greater good.

Not the President's fault people aren't buying cars.

GM CEO is a puppet for the DNC now. Those jobs will be replaced with a real American company

President Obama saved the American auto industry, while Republicans wanted to destroy it. Trump is destroying it today.

is cheering for auto workers tobe laid off if it makes Trump look bad. Why do I hate the media?

Please, there are rough roads ahead the our economy period and we all know it or your stupid.

When are people going to realize that realDonaldTrump lies! He just tells people what they want to hear and gullable people believe him. wakeup thinktwice

More con-jobs

He was lying. As always. Surely nobody believed him?

Fake

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines