Trump to GM: Make the Cruze in U.S. or Pay Big Border Tax

The transcript discusses the implications of President-elect Trump's tweet about imposing hefty tariffs on cars manufactured outside the US, specifically targeting GM's Chevy Cruze models made in Mexico. It highlights GM's response, noting that most Cruze models sold in the US are made domestically, while the Mexican-made hatchbacks are primarily for overseas markets. The discussion extends to the broader impact on the auto industry, with many automakers investing in Mexico due to favorable conditions. The potential for Trump to offer incentives, similar to those given to Carrier Corporation, is also explored, though no specific policies have been announced yet.

What potential impact could President Elect Donald Trump's policies have on the automotive industry?

Discuss the implications of the 35% tariff mentioned in the text.