From Nasdaq: 2025-06-10 21:18:00

General Motors (GM) plans to invest $4 billion in U.S. manufacturing plants over the next two years to increase production of gas and electric vehicles. This will allow GM to assemble over two million vehicles annually in the U.S. Several plants will expand production of popular vehicles, with Orion plant focusing on gas-powered SUVs and trucks, while Factory ZERO in Detroit will produce electric vehicles. GM will also invest in Fairfax for affordable EVs, with Spring Hill taking on production of the Chevrolet Blazer. The company’s capital spending guidance remains at $10-11 billion for 2025.



Read more at Nasdaq: GM To Invest $4 Bln In U.S. Plants For Gas And Electric Vehicle Expansion