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GM to invest $4 billion in U.S. plants
Posted on 6/10/25 at 4:52 pm
Posted on 6/10/25 at 4:52 pm
quote:CNBC
DETROIT — General Motors
plans to invest $4 billion in three American assembly plants, including adding production of two popular vehicles that are currently built in Mexico.
The Detroit automaker announced the plans Tuesday, as there have been few indications of progress in trade talks between the Trump administration and Mexican leaders. Earlier this year, President Donald Trump implemented 25% tariffs on imported vehicles and 25% tariffs on many auto parts imported into the U.S.
GM said the investment will add assembly of the Chevrolet Blazer and Chevrolet Equinox that are currently produced in Mexico to two other plants in the U.S. and convert a large idled plant in Michigan — formerly expected to build all-electric trucks — to make gas-powered vehicles.
The investment and moves will likely be hailed as a win for Trump’s policies and automotive tariffs, which took effect for imported vehicles in April and many auto parts in May.
“We believe the future of transportation will be driven by American innovation and manufacturing expertise,” said GM CEO Mary Barra said in a release. “Today’s announcement demonstrates our ongoing commitment to build vehicles in the U.S and to support American jobs. We’re focused on giving customers choice and offering a broad range of vehicles they love.”
The new investment will give GM the ability to assemble more than two million vehicles per year in the U.S., according to the automaker.
GM has been analyzing its North American production footprint for months amid the tariffs, with executives saying they weren’t going to make any decisions — instead taking a “wait and see” approach — until they got further clarity on the regulatory environment, including the auto levies.
4
Posted on 6/10/25 at 6:18 pm to bigjoe1
Bring back the 5.3 without AFM and good transmission!
Posted on 6/10/25 at 6:34 pm to bigjoe1
How??? Didn’t they hear about Detroit Axle???
Posted on 6/10/25 at 6:47 pm to bigjoe1
They were also committed to 100% EV when Biden was president. I’m sure they’ll be just as enthusiastic for the current president’s pet projects.
Posted on 6/10/25 at 6:57 pm to lsuconnman
The Trailblazer and Equinox have enough demand to justify this? Surprising.
Whatever side of the aisle, this should be viewed as a win for USA…if it actually happens and they can service the debt.
Whatever side of the aisle, this should be viewed as a win for USA…if it actually happens and they can service the debt.
Posted on 6/10/25 at 7:15 pm to bigjoe1
quote:
and convert a large idled plant in Michigan — formerly expected to build all-electric trucks — to make gas-powered vehicles.
So they just swing back and forth based on politics? GM getting crushed world wide
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