Source: AutoVerdict
June 26, 2019
by Nick Saporito

General Motors announced Tuesday plans to invest $4.2 billion into pickup and SUV manufacturing between now and 2021. The substantial investment will spread between several of GM's assembly plants.*

The automaker says the investments will go into increasing capacity, improving operating efficiencies and making other upgrades at plants in Fort Wayne, Indiana; Flint, Michigan; and Arlington, Texas.

Other investments are occurring now in plants in Ohio.*

Nearly $1.4 billion of the announcement $4.2 billion will be invested in the Arlington, Texas assembly plant. With upgrades slated to completion later this year, GM is preparing for the launch of its all-new line of SUVs, which will start next year as 2021 models. The Arlington plant is actually already starting to build test runs of the next-generation Cadillac Escalade.*

GM says it has invested over $23 billion in U.S. manufacturing since 2009.*

Read full article at AutoVerdict

[Return to AutoVerdict blog]