Detailed text transcripts for TV channel - CNN - 20181128:10:07:00
Announced thousands of job cuts and the shuttering of five facilities in north america. the president tweeted tuesday, quote, very disappointed with general motors and their ceo, mary barra, for closing plants in ohio, michigan, and maryland. we are now looking at cutting all gm subsidies including for electric cars. a person familiar with the matter told cnn gm is unaware of significant federal subsidies it is receiving beyond a $7,5 hit-and-run plug-in tax credit. -- $7,500 plug-in tax credit. that doesn't go to gm it goes to the consumer to help you buy the electric vehicle. after the threa...