GM to invest $5.4 bln in US plants in next 3 years

GM to invest $5.4 bln in US plants in next 3 years

NEW YORK – Agence France-Presse

AFP Photo

General Motors has announced $5.4 billion in new U.S. plant upgrades over the next three years, including in three sites in Michigan, the traditional hub of the U.S. auto industry.

The biggest investment outlined is $520 million for a site near Lansing to build tools and equipment for GM’s future vehicle programs. The move will retain 1,900 jobs at the site, the company’s newest plant in North America, the automaker said on April 30.

The other two Michigan sites receiving funds are GM’s Pontiac Metal Center in Pontiac, Michigan and a site in Warren that will get a new body shop. The three Michigan projects total $783.5 million.

GM said it will detail the remaining $4.6 billion in investments over the next several months.
LATEST NEWS

  1. COP29 draft deal proposes rich nations give $250 bln in climate finance

  2. MPs pass reforms on internal security

  3. Romania set to hold presidential election

  4. Israel to end 'administrative detention' for West Bank settlers

  5. More countries vow to arrest Netanyahu under ICC warrant
Recommended

Over 47 million foreign tourists visit Türkiye in 10 months

AI firms seek accords with publishing giants to maintain growth

Competition authority launches probe into Mastercard, Visa

BP announces $7 billion gas project investment in Indonesia

Trudeau to send checks to millions of Canadians

SEC Chair Gensler to exit, clearing way for Trump pick

Volkswagen workers head towards strikes from December
WORLD

COP29 draft deal proposes rich nations give $250 bln in climate finance

A new draft deal at U.N. climate talks Friday proposes rich nations commit $250 billion a year to help poorer nations combat global warming in a bid to break the deadlocked negotiations.
ECONOMY

Over 47 million foreign tourists visit Türkiye in 10 months

Foreign tourist arrivals in Türkiye increased by 7.03 percent year-on-year in January-October to 47.3 million, according to data from the Culture and Tourism Ministry on Nov. 22.

SPORTS

Türkiye heads to Nations League playoffs after Montenegro loss

Türkiye spurned the opportunity to finish atop its group in the UEFA Nations League and qualify for League A directly with a 3-1 loss at Montenegro on Nov. 19 night.