General Motors Announces Shift of Production from Asia to Mexico Starting in 2027
General Motors (GM) will begin assembling the Chevrolet Groove and Aveo at its facility in Mexico starting in 2027, shifting production away from China. This move is part of a $1 billion investment aimed at increasing domestic vehicle output to 80,000 units annually by 2030.
Tickers: $GM
Topics: General Motors investment announcement Mexico manufacturing production relocation