Rita Kis, President and CEO of Rick Case Automotive, dismantles how the customs tariff will affect the automotive industry on Americans on the “Callman Calculation”.
General Motors plans to enhance light truck production in the United States, as the industry addresses the challenges related to the president Donald Trump The latest round of automatic definitions.
The company told Fox Business that the main auto industry adds several hundreds of temporary workers to increase the production of light trucks in Fort Wayne, Indiana, the assembly factory, according to the company Fox Business.
“We are constantly updating the production schedules and reviewing them as part of our evaluation and alignment with the management of vehicle stocks,” GM said in a statement, adding that its operational adjustments in Fort Wayne “will support the current and commercial manufacturing needs.”
Stelantis stops some Mexico, Canada, temporarily puts 900 American workers due to definitions
The worker installs an engine at the General Motors factory in Fort Wayne, Indiana, on April 9, 2024. (Emily Elkonin/Bloomberg via Getti Emaiz)
Trump, Who looks at customs duties As a way to achieve tax revenue for proposed tax discounts while stimulating local manufacturing activation, sedans, four -wheel drive vehicles, Sufi operations, small cars, charging trucks and light trucks said.
It will also collide with major car parts such as engines, transportation, power generation parts and electrical components, although there are “operations to expand customs tariffs on additional parts if necessary,” according to the administration.
Vehicles are displayed on the assembly line in the General Motors Assembly Factory in Fort Wayne, Inde. , On April 9, 2024. (Emily Elkonin/Bloomberg via Getti Emaiz)
The company currently produces light trucks at its Fort Wayne assembly factory in Roanoke, Indiana, as well as in the Silao complex in Mexico. It produces arduous trucks in Flint, Michigan, and the Oshua Association in Canada.
All other plants in the United States, Mexico and Canada are working Their scheduled production.
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Chevrolet Silvrafo 1500s and GMC Sierra 1500s are displayed on the assembly line at General Motors Factory in Fort Wayne, Indiana, on April 9, 2024. (Emily Elkonin/Bloomberg via Getti Emaiz)
General Motors was investing in the Fort Wayne facility. In 2023, it announced an investment of $ 632 million in the production of light trucks with a full size of full size.
The company said that the investment helps to enhance its full size business.
| index | protection | last | Changing | % Change |
|---|---|---|---|---|
| General Motors | General Motors Company. | 45.91 | -2.04 |
4.25 % |
The news comes shortly after Hyundai announced plans To invest 20 billion dollars to bring manufacturing operations to the United States
Part of the investment, about 5.8 billion dollars, will go towards building a steel factory from the next generation that will provide two American factories and use more than 1,400 people. The rest of the funds will be allocated to expand manufacturing in the United States
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