View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
March 30, 2020

Trump uses Defense Act on GM over ventilators

President Trump invoked the US Defense Production Act to force General Motors to produce ventilators, a media report said.

By Olly Wehring

President Trump invoked the US Defense Production Act to force General Motors to produce ventilators, a media report said.

"Today, I signed a presidential memorandum directing the [HHS Secretary] to use any and all authority available under the Defense Production Act to require General Motors to accept, perform, and prioritise federal contracts for ventilators," Trump said in a White House statement cited by seekingalpha.com.

"Our negotiations with GM regarding its ability to supply ventilators have been productive but our fight against the virus is too urgent to allow the give and take of the contracting process to continue to run its normal course. GM was wasting time."  

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto