General Motors says to invest additional $1 billion in U.S.
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General Motors (GM) to Invest Additional $1B in US
January 17, 2017 9:02 AM ESTGeneral Motors (NYSE: GM) today announced that it will invest an additional $1 billion in U.S. manufacturing operations. These investments follow $2.9 billion announced in 2016 and more than $21 billion GM has invested in its U.S. operations since 2009.
The new investments cover multiple new vehicle, advanced technology and component projects. A combination of 1,500 new and retained jobs are tied to the new investments. Details of individual projects will be announced throughout the year.
The company also announced it will begin work on insourcing axle production for its next generation full-size pickup trucks,... More
