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Detailed text transcripts for TV channel - DW - 20181127:13:18:00 - Vimarsana News

Detailed text transcripts for TV channel - DW - 20181127:13:18:00

And their families. but unhappiest of all are affected general motors stuff i've been here for years i've been through closure in scarborough i've been through a closure in london i moved my family choice for this company and they do this to me stir. the five g.m. plants will halt production next year laying off three thousand three hundred production workers in the u.s. and about three thousand in canada the company also plans to trim its white calista off by eight thousand. well let's bring in our financial correspondent now we bought says frank certainly is g.m. really in such a bad way tha...

Detailed text transcripts for TV channel - DW - 20181127:13:19:00 - Vimarsana News

Detailed text transcripts for TV channel - DW - 20181127:13:19:00

Mary barra had to issue a profit warning in the summer that things were not going as well and that's due to several factors one is the weakening car market in the united states so dance for example not selling as well and that's hitting g.m. and also a factor is that mary wants to look forward this these factory closures are part of the policy part of that strategy g.m. needs a lot of money in the next couple of years in order to invest in the mobility and eat cars and everything that has to do with that and has to do on top of financing ongoing operations so she sees itself very very well mot...

Detailed text transcripts for TV channel - DW - 20181127:13:17:00 - Vimarsana News

Detailed text transcripts for TV channel - DW - 20181127:13:17:00

Down the price coal mining communities on paying to china to clean up. pollution. g.m. said waning demand for traditional sedans and rice in costs prompted the massive cuts and the steel tariffs introduced by the u.s. this year haven't helped president donald trump was quick to slam g.m.'s decision to cut its american workforce. well we don't like it i believe they'll be opening up shop to go to where i was great job i spoke with her when i heard there were closing down i said you know this country's got a lot for general motors you better get back in their suv but so i go a rare echo of trump...

Detailed text transcripts for TV channel - DW - 20181127:13:20:00 - Vimarsana News

Detailed text transcripts for TV channel - DW - 20181127:13:20:00

A point there because he says that america helped g.m. not he but barack obama back in the height of the financial crisis when it broke out and with the economic trouble in the united states with financing difficulties g.m. was on the brink of bankruptcy and it was saved by taxpayer money it's a long time ago and of course donald trump has some aid to g.m. by the way of his tax his tax policy but he also has this tariffs policy and that's working against mary barra acknowledging that that's part of the policy when the decision first came out the stock went up now in pre-training. in new york t...