General Motors to add jobs, new electric vehicle post-Trump tweets

General Motors announcement in the GM Orion Assembly Plant. Photo: Bill Pugliano/Getty Images

Mere days after President Trump's biting tweets about the closure of an Ohio General Motors factory, the auto company announced $300 million plans to add 400 jobs and manufacture a new electric vehicle at its Detroit-area plant, AP reports.

The backdrop: Last weekend Trump demanded that GM reopen or sell the plant, chastising the local union leader and expressing dissatisfaction with CEO Mary Barra. GM spokesman Dan Flores denies the growth announcements were in response to the president's tweets, adding the investments had been weeks in the making, per the AP.

Expert Voices

Automakers are experimenting with blockchain for AVs

A steering wheel that is split down the middle, showing lines of code in one half
Illustration: Rebecca Zisser/Axios

Blockchain, a nascent technology that offers highly secure digital data tracking, has caught the interest of AV companies and automakers, who are exploring how it can be used to track components in supply chains and protect valuable data.

Why it matters: More complex cars will generate more data and as blockchain technology develops, it could offer a secure way to manage that data while providing additional benefits to passengers.

More stories loading.