GM, Mexico and Dodges Tariffs
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GM, manufacturing
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General Motors Co.'s $4 billion reshoring plan announced this week sketches a blueprint for the Detroit automaker's long-term strategy: ramp up production of the hulking gas-powered vehicles Americans love while growing its expanding fleet of electric vehicles.
GM currently has no plans for closures or layoffs at its Mexican manufacturing facilities for the foreseeable future, despite plans to relocate some models.
General Motors is investing around $4 billion to boost production at its US facilities – with a significant portion allocated to petrol-powered vehicles.
General Motors manufactures vehicles under several brand names, include Chevrolet, GMC and Buick. General Motors is moving some of its production from Mexico to the U.S. in the months after President Donald Trump’s tariff on vehicles manufactured abroad.
General Motors Co. announced on Tuesday that it plans to invest $4 billion in U.S. manufacturing plants over the next two years. The new investments in its domestic factories will increase U.S. production of both gas and electric vehicles,
factory, from Mexico as part of the shift. Expanded operations in Michigan, Kansas and Tennessee will focus on "finished vehicle production of several of GM’s most popular vehicles," the company ...
General Motors plans to invest $4 billion to relocate some vehicle production from Mexico to the United States to address tariff challenges. This shift aims to bolster U.S. production, create jobs, and maintain competitive pricing.