Lovely speaks with Wash Post, Marketplace, FP about GM plant closures
"Trade policy does have an impact because it raised costs significantly for steel and aluminum, and the industry told Trump it would do that," Lovely told the Financial Post. "They already weren’t able to sell enough vehicles to keep these lines productive and raising costs by a billion dollars? It doesn’t help." Mary Lovely spoke with several media outlets about General Motor's announcement that it would close five production plants in North America.
Financial Post: "USMCA not to blame for GM plant closures, but it's killing all hope of exporting from North America"
Marketplace: "Amid cutbacks, tariffs are adding to GM's financial woes"
Washington Post: "What’s good for GM isn’t necessarily good for America"
WHYY Radio: "As goes GM, so goes…"