Oops! It appears that you have disabled your Javascript. In order for you to see this page as it is meant to appear, we ask that you please re-enable your Javascript!

Trump Threatens to Cut GM Subsidies

Trump Threatens to Cut GM Subsidies

 Clear Time Media is an ADS-FREE platform. NO registration needed


President Donald Trump threatened to chop electric-vehicle and different subsidies which have benefited Common Motors Co., escalating tensions with the Detroit auto maker a day after it launched plans to shut a number of U.S. factories subsequent 12 months.

The president’s feedback Tuesday hit at GM’s sturdy place within the electric-car market within the U.S., the place together with Tesla Inc. the auto large has benefited from tax incentives applied throughout the Obama administration to spur gross sales of battery-powered automobiles.


Supply hyperlink