GM CEO meets Senator Schumer, other U.S. lawmakers on Capitol Hill

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By David Shepardson

WASHINGTON (Reuters) – General Motors Co (N:GM) Chief Executive Mary Barra on Wednesday vowed to keep an “open mind” about the future of an Ohio plant that will lose vehicle production, but warned the Detroit automaker has excess capacity and did not suggest the company was reconsidering the plan.

Barra came under pressure from Ohio’s two U.S. senators and other lawmakers who want GM to shift production of a vehicle from Mexico or build electric vehicles at the Lordstown Assembly plant in their state that the automaker has said it intends to close.

“I want to make sure that the workforce knows that there are limitations and we do have an overcapacity across the country,” Barra said, urging workers at plants set to close to take seriously offers of GM jobs in other parts of the countries.

Read more at : https://www.investing.com/news/stock-market-news/gm-ceo-meets-senator-schumer-other-us-lawmakers-on-capitol-hill-1712277

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