GM, Tonawanda plant
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GM will shift investment from EVs to SUVs, and bring manufacturing from Mexico to America, as it announces a $4 billion plan to build hot-selling gasoline-powered SUVs at three plants in the U.S. The investment is an acknowledgement that the EV rEVolution isn’t here yet.
General Motors will spend $4 billion over the next two years to expand production at three U.S. plants as President Donald Trump calls for companies to boost their domestic manufacturing.
With GMs new massive $888 million investment in the Tonawanda Propulsion Plant, what will the new sixth-generation V-8 engine look like?
GM CFO says $4 billion investment will help rebalance production amid Trump's tariffs uncertainty and EV demand slowdown.
The automaker is putting more money into gas-powered cars, making it all but impossible to reach its goal of selling only electric vehicles by 2035.
Three domestic locations will add capacity for SUVs and light trucks in a new strategy to address tariff restrictions on imported vehicles and continuing demand for
General Motors (GM) quietly backed away from its high-profile pledge to phase out gasoline-powered vehicles over the next decade, effectively
General Motors Co. announced Tuesday that it will shift from electric vehicle production at Orion Assembly in Oakland County to build gas-powered pickups and SUVs as part of a $4 billion plan to increase manufacturing in the U.S. over the next two years.