2023-06-05 17:31:36
With this amount, GM’s investments in parts manufacturing and distribution plants in the United States total more than $30.5 billion since 2013, the multinational said in a statement.
The automaker will invest $788 million in its Flint Assembly Plant, which manufactures Chevrolet Silverado HD and GMC Sierra HD trucks, to include the expansion of the body shop building. It will also invest an additional $233 million in its Flint Metallurgical Center to add new stamping dies, press refurbishments and new equipment.
The investments are part of the Detroit automaker’s plans to invest more than $1.7 billion in Flint-area operations in 2023, the statement said.
The efforts come as GM competes with Ford’s Super Duty and other heavy-duty versions of Stellantis NV’s Ram pickup, which are among the most profitable vehicles sold today by Detroit’s Big Three automakers. , or by any other rival.
Last year, GM sold nearly 288,000 HD trucks, an increase of 38% over the previous year.
1685994775
#General #Motors #billion #dollars #strengthen #production #Michigan
