*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.

Share:
More In Politics
Secret Memo Drama Heats Up
Nicole Goodkind, politics reporter for Newsweek, discusses the controversial claissified memo in light of the FBI director publicly announcing "grave concerns" with inaccuracies. We also dig into new updates in the Russia investigation.
Closing Bell: January 31, 2018
Facebook and Microsoft release earnings. The Dow wraps its best month since March 2016. Rep. Trey Gowdy (R-SC) announced Wednesday he will not seek reelection. Bitcoin could face its worst monthly decline in January. Entrepreneur and original "Shark" Kevin Harrington shares his outlook for cryptocurrency, and how he thinks it could transform retail.
The Global Fight for Equal Pay Takes Center Stage at the NYSE
To accelerate efforts to increase gender equality in 2018, some of the world's top female leaders met at the New York Stock Exchange for the first-ever Women in Corporate Leadership Initiative. Marlene Schiappa, France's Secretary of State for Gender Equality, breaks down how the group is pushing for equality in the year ahead.
What Trey Gowdy Leaving Means for Republican Party
Rep. Trey Gowdy (R-SC) announced Wednesday he will not seek reelection. The decision comes one day after President Trump's first State of the Union. Republican political strategist Rick Wilson explains what this means for the Republican party, and shares his top moments from the SOTU.
Between Bells: January 31, 2018
Stormy Daniels stopped by "Jimmy Kimmel Live" after President Donald Trump's first State of the Union address. Spotify is testing a new app in Australia that's similar to Pandora. The Young Turks CEO Cenk Uygur joins Cheddar to discuss his network's new partnership with Dan Rather. Plus, we talk to stars from "Total Divas" about the reality show's milestone 100th episode.
Fact-Checking the State of the Union
Jon Greenberg, staff writer at Politifact, fact-checks President Trump's first State of the Union Address, digging into some of his boldest policy claims.
Load More