GM In Talks to Sell Ohio Plant, Drawing Praise From Trump - News Summed Up

GM In Talks to Sell Ohio Plant, Drawing Praise From Trump


General Motors Co. said it is in talks to sell its shuttered assembly plant in Lordstown, Ohio, to an electric-truck maker, a development that drew praise from President Trump for creating jobs in the politically pivotal state. GM said Wednesday it is in discussions with electric-truck maker Workhorse Group Inc. and a newly formed startup led by the small company’s founder to sell the factory, which was shuttered in March amid a falloff in sales of the small Chevrolet Cruze sedan that was built there.


Source: Wall Street Journal May 08, 2019 16:20 UTC



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