General Motors has responded to President Donald Trump's criticism and threats of pulling subsidies over the automaker's decision to close down plants and lay off workers.
Earlier this week, GM announcedGM plans to close up to five plants by the end of the year. The closures will cost over 14,000 people their jobs.
After President Trump's public displeasure of the move and other politicians upset, General Motors released a statement touting its track record and accomplishments in the United States.
The full statement from the GM can be read below:
GM is committed to maintaining a strong manufacturing presence in the U.S., as evidenced by our more than $22 billion investments in U.S. operations since 2009. Yesterday’s announcements support our ability to invest for future growth and position the company for long-term success and maintain and grow American jobs. Many of the U.S. workers impacted by these actions will have the opportunity to shift to other GM plants where we will need more employees to support growth in trucks, crossovers, and SUVs. GM’s transformation also includes adding technical and engineering jobs to support the future of mobility, such as new jobs in electrification and autonomous vehicles.
We appreciate the actions this administration has taken on behalf of the industry to improve the overall competitiveness of U.S. manufacturing.