Rep. Dingell: The Left and Right Agree GM Is 'the Worst Corporation in this Country'
*By Justin Chermol and Carlo Versano*
When General Motors announced a major restructuring that would result in mass layoffs and plant closures, the American automaker managed to do what few others have: unite the left and right in anger and disappointment.
Rep. Debbie Dingell (D-MI) represents a suburban Detroit district that will be affected by the reductions. She told Cheddar in an interview Wednesday that she was surprised by the timing, given that the auto industry is cyclical. Both Democrats and Republicans think "they are the worst corporation in this country."
"They have no fans right now," she said.
GM's newest strategy is twofold: the company is shrinking its sedan footprint in response to market conditions and consumer tastes, as well as investing in an electric, self-driving future it's terming "Zero Crashes, Zero Emissions, Zero Congestion."
Ford ($F), GM's main American rival, announced in April that it will scale about 90 percent of its auto production to trucks, utilities, and commercial vehicles by 2020. The company went on to explain that it would discontinue four of its sedan models and invest more in autonomous technology.
Back in June, in a cautionary note, GM [wrote](https://assets.bwbx.io/documents/users/iqjWHBFdfxIU/rJBrNbApznVU/v0) to the Department of Commerce, warning increased tariffs could lead to a "smaller GM."
Despite its foresight, GM didn't cite tariffs as a reason for the layoffs in its statement Monday. Instead, CEO Mary Barra said almost the opposite ー that the economy was so strong that it would be preferable to make changes now rather than trying to restructure during a slowdown. Automakers learned that lesson the hard way during the financial crisis.
Dingell said that while she indicated to President Trump that she would support a "NAFTA 2.0" trade bill, she has changed her mind in the wake of GM's restructuring.
"I will not support a trade bill that lets that company put any more jobs in Mexico," she said. "We need to keep those jobs here in the United States."
After the announcement, [President Trump](https://twitter.com/realDonaldTrump/status/1067494680416407552) and Prime Minister [Justin Trudeau](https://twitter.com/JustinTrudeau/status/1067082236686753792?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1067082236686753792&ref_url=https%3A%2F%2Fwww.cnn.com%2F2018%2F11%2F26%2Fbusiness%2Fgm-oshawa-plant%2Findex.html) both took to Twitter to call reductions in the U.S. and Canada a massive "disappointment." Since then, the two leaders have spoken on the phone to discuss the issue.
While pundits and industry analysts debate whether the era of the personally-owned car is coming to an end ー and perhaps where American automakers fall in the new mobility hierarchy ー the effects of GM's decisions will still weigh heavily on local communities that depend on it as the anchor business. And that, in turn, makes it a political issue for the president. President Trump dispatched his chief economic adviser Larry Kudlow to meet with Barra.
As for the future of the auto-industry, Rep. Dingell said she understands the harsh realities her constituents are facing: "It's no longer a car industry, its a mobility industry. And the mobility industry is changing."
"The model is going to change but you are still going to be building vehicles and there will be new jobs," she said.
ABC is canceling its hit show 'Roseanne' after the sitcom's star Roseanne Barr made racist comments on Twitter. The company released a statement saying, "Roseanne's Twitter statement is abhorrent, repugnant and inconsistent with our values, and we have decided to cancel her show." Disney CEO Bob Iger chimed in to voice his support for ABC's decision. Barr has apologized for her comments about former Obama aide Valerie Jarrett.
Facebook is reportedly getting ready to launch its WhatsApp Pay service in India. The company could introduce the payment service across the country as soon as next week, according to Bloomberg. WhatsApp Pay was launched in February of this year and has received rave reviews. Around 200 million people already use WhatsApp's messaging service in India.
Budweiser is introducing a new beer to its Reserve Collection. Proceeds from the new Budweiser Freedom Reserve Red Lager will go towards helping veterans. Ricardo Marques, VP of marketing at Budweiser, joins Cheddar to explain why this is an important mission for the company.
Disgraced Hollywood producer Harvey Weinstein was arrested last week on charges of rape and a criminal sex act but the New York District Attorney's office may have a difficult time convicting him, says former U.S. prosecutor Jonna Spilbor.
Political turmoil in Italy and U.S. tariffs on Chinese imports dragged down the Dow Jones and the S&P 500 by more than 1 percent on Tuesday. "It's kind of been the one-two punch," says Daniel Ives, chief strategy officer and head of technology research at GBH Insights.
The host of 'The Daily Show' says he loves covering President Trump's proposed wall along the U.S.-Mexico border. "It's just like a fun exercise," he tells Cheddar's Baker Machado.
The host of Comedy Central's 'The Opposition' says he finds opportunities in the paranoia being touted by the fringe right. "We try to embody and show that chaos and kind of live in it," he told Cheddar in an interview.
North Korean General Kim Yong-chol, often referred to as Kim Jong-un's right-hand man, will meet with Secretary of State Mike Pompeo in New York later this week. This shows "a sense of willingness" on both ides to make the historic U.S.-North Korea summit happen, it's just a question of when, says Martyn Williams, a journalist at IDG News Service.
An Austrian privacy activist filed lawsuits against the tech giants as soon as the General Data Protection Regulation (GDPR) went into effect at midnight, accusing the companies of failing to comply. "This is a very hard reality check for companies, not just abroad, but in the U.S.," says Andrew Rossow, internet attorney and Forbes contributor.
Kayleigh McEnany confirms to Cheddar's J.D. Durkin that Michael Cohen remains as Deputy Finance Chair of the RNC, despite being under criminal investigation. "We'll take it step by step, day by day," she says.
A day after President Trump canceled the North Korea summit, Kim Jong-un said he is still willing to sit down with the U.S. president "at any time." This outcome is what "good negotiating looks like," says Kayleigh McEnany, spokeswoman for the Republican National Committee.
Though President Trump abruptly canceled his planned meeting with North Korea's Kim Jong-un, there's still a possibility the summit could take place in the future if the two sides can tamp down their antagonism and agree to a framework for denuclearization.
