Key Takeaways 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.

General Motors (NYSE:GM) is committing $4 billion over two years to boost U.S. manufacturing capacity for both gas and electric vehicles. Warning! GuruFocus has detected 2 Warning Sign with GM. General Motors will channel the investment into three plants: Michigan,

General Motors (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.

The automaker intends to significantly expand its manufacturing footprint here in the United States.

General Motors has announced a sweeping $4 billion investment across its U.S. manufacturing facilities over the next two years, aimed at increasing domestic production of both internal combustion and electric vehicles.

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 (GM) will be committing $4 billion of investments into its US auto plants over the next two years, aiming to expand the scope of its domestic manufacturing and produce over 2 million vehicles per year.

The new investment gives General Motors the ability to assemble more than two million vehicles per year in the U.S., the company said. Read more: