GM plans $1.8 billion U.S. investment

Category: News
Published: 2019-03-22

U.S.A – General Motors Co. committed to investing US$1.8 billion at plants in six states and to creating 700 new jobs, as the largest U.S. automaker looks to ward off months of criticism by President Donald Trump.

The bulk of the new jobs will go to a factory in Michigan where GM plans to add production of another fully electric vehicle. The carmaker will spend US$300 million and add 400 workers at the plant in Orion Township, north of Detroit, where the Chevrolet EV will be built alongside the Bolt model. Factories in states including Kentucky, Ohio, Tennessee and Texas will also boost their workforce.

“We’re taking the steps and being responsible to make sure that we can continue to grow in these areas, and continue to have a strong U.S. manufacturing base that creates a lot of good paying jobs.” Stressed Chief Executive Officer, Mary Barra.

Source: Bloomberg