The US car manufacturer GM to cut thousands of Jobs and includes six works, four of them in the United States. The Donald Trump very angry. He is also responsible for the decision, says Henrik Böhme.
Of course they are to blame. Of course, the decision of General Motors (GM), the largest U.S. automaker, has nothing to do with his politics. Of course, the GM Chief creates “the False”. Of course, GM needs to stop building in China cars and instead “quickly” to open a factory in Ohio. So Donald Trump sees the world, so simple and plain it can be.
But it is not.
General Motors, an icon of US industry, of the bands cars of legendary brands Chevrolet, Cadillac or Buick to run GM so it’s no different than other car manufacturers in the world. They all stand in front of a gigantic upheaval. Away from the internal combustion engine, alternative drive systems and Autonomous Driving. This is a paradigm shift, even if at the end of still a Companion, with four wheels of the tapes roll. But to build these new cars, it needs fewer people. And you have to massively invest in order to be in the new era, on the front line.
Henrik Böhme, DW-business editorial
The Volkswagen is no different. There, too, one deals (in addition to the refurbishment of the diesel scandal) solid with the future. Also there are thousands of Jobs will disappear, just in a socially acceptable manner, how to do that in Germany in General. But there is also billions in the future. 44 billion euros, to be exact, will be invested in the next five years in electro-mobility, Autonomous Driving, mobility services, and digitization, knowing that you would otherwise disappear into irrelevance. VW seems to have the Lessons of the dark Chapter called diesel gate drawn.
But back to Donald Trump.
After all, what you know, it seems Trumps rigid economic policies pay off, especially the trade policy, punitive measures against its favorite enemy, China. The growth rates of the US economy could least see, even from the labour market, positive Numbers come on a regular basis. Experts came to the view that the punitive tariffs that the Americans and the Chinese plate currently to each other, meeting in particular the Chinese, while the U.S. benefits the economy. But, and now we are back in the US car industry, it seems, belongs to the industries that the duties the imposed on steel and aluminum imports to suffer.
Here is still relaxed: President Trump, GM Boss Mary Barra and Dennis Wiliams, head of the US auto Union
Already in the last quarter, GM reported costs in the amount of $ 300 million, because you had to pay for steel and aluminum. Analysts expect the additional costs on a billion Dollar high, similar (bad) it runs at the GM competitor Ford. If Trump demands but now GM Boss Mary Barra to stop the production in China and to bring back to America: it will not work. The car industry is a global business and usually produced in the markets for the respective markets. But even if GM would bow to the wrath of the President: The Chinese would immediately impose punitive tariffs on any GM car from the US exported to China would be.
The matter is complex.
And finally, Mr. President should know that many foreign manufacturers have plants in America, Toyota for example, or the three German car manufacturers Volkswagen, Mercedes and BMW. Bayern, for example, exporting from its plant in Spartanburg (South Carolina) so many cars in the world that you are the largest U.S. exporter of cars. The heads of the three corporations are invited to this day to the White house. What has always thought of the US President (because of duties he will not negotiate well with them): Maybe the men’s Diess, Zetsche and Kruger can explain to the President to try, what are the challenges facing the car industry in the world, and that GM is no exception. Since all the angry Nagging does not help. There are realities that even a Donald Trump can’t turn a blind eye.