I am sure that GM's decision to close factories was a tough call to say the least. The auto industry has always had the problem of adjusting production to high cyclical auto demand, but Barra is making the right moves.
The 25% tariff that China is putting on American cars shipped to China is putting real pressure on Ford. Ford roughly shipped 80,000 vehicles there last year. Add the steel and aluminum tariffs that the US has put in place and it looks like Ford is in a heap of trouble.
