General Motors, vehicle production facilities
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General Motors announced on Tuesday a $4 billion investment over the next two years in three U.S. manufacturing plants, one of which is located in Michigan.
General Motors (NYSE:GM) will invest a $4 billion investment over the next two years to expand production at three key U.S. manufacturing facilities in Michigan, Kansas, and Tennessee. This move is aimed at increasing the production capacity of both gas-powered and electric vehicles,
General Motors (GM) quietly backed away from its high-profile pledge to phase out gasoline-powered vehicles over the next decade, effectively
GM CFO says $4 billion investment will help rebalance production amid Trump's tariffs uncertainty and EV demand slowdown.
The automaker intends to significantly expand its manufacturing footprint here in the United States.
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General Motors will invest $4 billion in three U.S. manufacturing sites over the next two years to prepare for changing production slated to begin in 2027. Two popular Chevrolet models also will move to U.
I do see a wide margin of safety at General Motors' current price level, at which I believe the downside is priced in but not the upside. See more on GM stock.
General Motors Co.'s $4 billion reshoring plan announced this week sketches a blueprint for the Detroit automaker's long-term strategy: ramp up production of the hulking gas-powered vehicles Americans love while growing its expanding fleet of electric vehicles.