General Motors Invests Over $1 Billion in Gas-Engine Production in the U.S. and Canada
General Motors is investing approximately $1.4 billion in U.S. and Canadian facilities to boost gas-engine production, including transmissions and metal castings, as demand for electric vehicles declines. The investment supports the launch of new trucks and SUVs and comes amid pressure from the Trump administration to invest more in U.S. manufacturing.
Tickers: $GM
Topics: automotive industry combustion engines electric vehicles investment manufacturing