General Motors defended itself Tuesday from a Donald Trump tweet attack, saying only a “small number” of one Mexican-made Chevy Cruze model is sold in the United States.
“All Chevrolet Cruze sedans sold in the U.S. are built in GM’s assembly plant in Lordstown, Ohio,” the company said in a statement. “GM builds the Chevrolet Cruze hatchback for global markets in Mexico, with a small number sold in the U.S.”
The president-elect earlier slammed GM in a tweet, claiming the auto giant is making a Cruze model in Mexico and then sending them to U.S. dealers tax free.
General Motors is sending Mexican made model of Chevy Cruze to U.S. car dealers-tax free across border. Make in U.S.A.or pay big border tax!
— Donald J. Trump (@realDonaldTrump) January 3, 2017
GM told CNBC it sold about 190,000 Cruzes in the U.S. in 2016. About 4,500 of those, or 2.4 percent, were hatchbacks made in Mexico.
GM shares initially fell in premarket trade after Trump’s attack but traded higher after the market opened.
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JUST IN : GM says Chevy Cruze, which Trump earlier criticized for being "Mexican made" & sold "tax free across border", is made in Ohio. pic.twitter.com/oh66pKfdiB
— CNBC (@CNBC) January 3, 2017
Shares of $GM briefly fall about 1% after President-elect Trump tweets about the automaker. https://t.co/0UKAOlaByn pic.twitter.com/gRCgdknOJl
— CNBC Now (@CNBCnow) January 3, 2017
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