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Trump's attack on GM over ventilators quickly turns to praise

Published 03/29/2020, 11:24 PM
Updated 03/29/2020, 11:25 PM
© Reuters. U.S. President Donald Trump speaks during a meeting with supply chain distributors in the Cabinet Room of the White House

By David Shepardson

WASHINGTON (Reuters) - President Donald Trump, who excoriated General Motors Co (NYSE:GM) on Friday and invoked emergency powers to compel the production of badly needed ventilators to tackle the coronavirus pandemic, has abruptly shifted gears to praise the automaker.

"General Motors is doing a fantastic job. I don't think we need to worry about General Motors," Trump said Sunday, speaking highly of the company in two appearances.

"They really seem to be working very, very hard. I think I’m getting very good reports about General Motors."

Trump, who has been on the defensive for not moving faster to compel the production of medical equipment, invoked the Defense Production Act (DPA) for the first time on Friday, saying GM was wasting time in negotiations. GM had announced earlier on Friday, however, that it would begin quickly building ventilators.

On Sunday, GM vowed to move forward and released photos of its efforts to build ventilators at its Kokomo, Indiana plant.

GM's manufacturing chief, Gerald Johnson, told Reuters the company aims to produce 10,000 ventilators a month by summer.

"No later than mid-April we expect to be up and running ventilators," Johnson said, noting the ventilators will need U.S. regulatory approval, significant testing and that the company must train over 1,000 workers to assemble them.

GM has been working with ventilator firm Ventec Life Systems, numerous auto suppliers and other ventilator firms as officials warn the United States may need tens of thousands of additional ventilators.

"We're unwavering in our focus to get this done," Johnson said.

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In any earlier tweet on Friday before GM's announcement, Trump accused the automaker of wanting top dollar for its ventilators.

A GM spokesman said the company is doing the project "at cost" and will not make a profit.

Johnson said the automaker is spending tens of millions on retooling costs and that if supplier retooling costs are factored in, total retooling costs were in the hundreds of millions of dollars.

GM's ventilator efforts first came to light on March 18 when White House economic adviser Larry Kudlow disclosed he had spoken to GM Chief Executive Mary Barra about the idea. Barra spoke to Kudlow again on Friday after Trump's criticism, a person briefed on the matter said.

Tony Fratto, a former deputy press secretary under President George W. Bush, tweeted on Friday: "you have to think if GM HADN’T stepped up to TRY to make ventilators no one would be trying to force them to make them. No one’s banging on other random companies today."

Other automakers have said they are working to produce ventilators, masks and other medical equipment. Ford Motor (NYSE:F) Co said Friday it was moving as fast as it could to gear up its ventilator manufacturing efforts. Toyota Motor Corp is working with "at least two companies that produce ventilators and respirators to help increase their capacity."

GM will also begin producing surgical masks at a plant in Michigan this week and expects to produce 50,000 a day by mid-April.

Latest comments

And of course, our president offers another simplified picture of the reality,ignores the process itself (adjustment time needed, testing etc) and make it sound ventilators are going to come out of GM plants tomorrow. This all takes time!! Not to mention he contradicts himself very quickly on his assessment of that company (I personally have no direct interest in GM by the way)
I think our leaders are being arrogant and not show that we don't need outside help. Really, if Trump wanted ventilators and masks, all he needs to do is to call up President Xi Jing Ping and say... President Xi, sorry for call the chinese virus. We now understand this virus is very evil, just as you told the world back in January. Can you please send us ventilators and masks? President Xi would said, you can always count on China. Our Confucius philosophy is, everyone under heaven is in the same family. You bet I will help my brothers out when he needed help. With that one phone call, it would have save us with so much time and headache when China with 1.4B strong hit the production line.
France is working on a 1bn import of masks from China, to your point there must be supply ad bandwidth in China
Yes, China has been busy helping their brothers and sisters out in other nations. China never backs down from helping their family. But first, Trump needs to treat China as a brother before they will return the kindness. That is how relationships are made.
we will see the social distancing effort results in another week and that will get us back in control of the situation
South Korea  here and virtually gone in 32 days. The idea that this is going to be around for months is the usual always wrong leftist fear mongerers.
Nooe
Those hoping for a swift return to record highs following the worst of the COVID-19 pandemic still to come are likely to be disappointed. There is no end in sight or a sign of a peak. Limited testing, delayed reaults (over 6 days in some cases) limited supplies (gloves and mask), and very limited ventilators adds up to a huge disaster and horrific numbers that are still to come. This is only the beginning...and the US has the highest number of COVID-19 cases in the world and climbing at rapid pace. There is too much to list regarding unrealistic market gains and false confidence, record unemployment, along with US companies who are over extended and much much more. The double edge sword to send americans back to work or prolonging state and federal quarantine, either one will prolong or decimate the economy with many more cases to come in which the COVID-19 shows no signs of slowing down and NO ONE KNOWS WHEN IT WILL GET BETTER OR STOP...ONLY GUESSES FROM TOP OFFICIALS.
We have the most advanced society in the world and therefore more testing. We have satellite footage of bulldozers in China pushing thousands of bodies into common graves. China imported 40 incinerators to burn bodies. You think their #s are really less than those of the U.S.?
This pandemic will not go away. Stop dreaming it will stop in few months. All tropical countries situation getting worse by days. Summer will not stop this virus but only slow it down. This birus become like nirmal flu and it will not go away easily. Vaccine, medicine and equipment productionmust ramp up asap. Otherwise...... imagine
You guys wanted to elect a TV Reality Show Host.Congratulations....now you're on Survivor....USA edition
You gonna elect 77 years old nursing home person Congrats !
"My Emperor".... I'm an American you tard. Ranting like a loon about China. China deserves no love, it's a communist regime....but if your hope is to persuade me that Trump did far better (compared to the typical moves of a commie regime)....well then sir...you already lost the fight. Cause it can never get worse than that. And Buzzy.... switch to decaf
Reliable? Why dont you say consistent, trustworthy and accurate??
Hopefully gGM can produce 10k by may. Otherwise, it may be too late; the pandemic may be over in a couple months and many die without ventilators.
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