GM to invest $4 billion in U.S. manufacturing plants
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GM, US and Mexico
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When we didn’t see eye to eye on some things, I think there’s actually some things where General Motors could have handled some situations better,” Barra said May 28 about the company’s past chats with Trump’s administration.
Shares of General Motors are up before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.
CEO Mary Barra said the automaker is increasing its U.S. investment and that Trump's tariffs are a "tool that the administration can use to level the playing field."
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Midland Daily News on MSNThree US factories set to get $4 billion investment from GMGM is pouring $4 billion into U.S. factories to boost both gas and electric vehicle production—find out which plants are getting upgrades including one in Michigan.
Fast forward to today, and GM has thrown in the towel on its electric truck plans. Instead, Orion Assembly will now build gas-powered full-size SUVs and trucks starting in early 2027. The move means the plant will likely produce the redesigned Chevrolet Silverado, Tahoe, and Suburban as well as the GMC Sierra, Yukon, and Yukon XL.
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:
GM announced $4 billion in capital projects for its domestic manufacturing footprint. Some models are moving back to America.