HomeEnglishBusinessGM to invest $4 billion in U.S. plants, move Mexico-produced SUV

GM to invest $4 billion in U.S. plants, move Mexico-produced SUV

The UAW Local 5960 member Kimberly Fuhar inspects a Chevrolet Bolt EV on May 6, 2021, which is at the General Motors Orion Assembly plant in the Orian Township, Michigan.

Steve Fachat for Chevrolet

Detroit – General Motors A plan to invest $ 4 billion in three US assembly plants, including moving or growing two Mexican-made vehicles for American plants.

The Detroit Automker announced plans on Tuesday, as there are some indications of progress in trade talks between Trump administration and Mexican leaders. Earlier this year, President Donald Trump Implemented 25% tariff on imported vehicles And 25% tariffs on many auto parts imported in America

GM said Investment The gas-powered Chevrolet Blazer and Chevrolet will combine the assembly of Equinox that currently originate in Mexico in two other plants in the US and convert a large passive plant in Michigan-in the east All electric trucks are expected to manufacture -2027 to make gas-operated SUVs and trucks.

GM refused to discuss the future of the Ramos Erizpe plant which currently produces vehicles in Mexico. A source familiar with the schemes said that the production of blazers will run entirely from Mexico to the US, while the production of equinox is expected to be adative to the Mexican plant, which will also produce for other markets.

Investments and tricks will be achieved as a win for Trump’s policies and automotive tariffs, which were effective for imported vehicles in April and several auto parts in May.

“We believe that the future of transport will be run by American innovation and manufacturing expertise,” GM CEO Mary Barra Said in a release“Today’s announcement displays our ongoing commitment to manufacture vehicles in the US and to support American jobs. We focus on customers liking and offering a wide range of vehicles that they love.”

The new investment, which will be through 2027, will give GM the ability to collect more than two million vehicles per year in the US, according to the automaker.

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Stock price of GM in 2025.

GM said its fairfax assembly in Canasus would add the production of gas-powered Chevrolet Equinox starting in mid-2012777. According to the company, a gas-powered chewerley blazer will be added to the Spring Hill Assembly in Tennessi, starting in 2027.

UAW President Sean Fen, who has Supports Trump’s tariffWelcome to Levy and GM investment.

Fen said in a statement on Wednesday, “The GM’s decision to invest billions in American plants and give priority to American workers is fine that we have spoken in favor of these auto tariffs.” “Writing is on the wall: up from bottom to bottom. We have more manufacturing capacity in our existing plants, and auto companies can easily bring back good union jobs in America”

Detroit automaker said that its 2025 Capital expenditure guidance It is unchanged between $ 10 billion and $ 11 billion. But it expects annual cost in the range between $ 10 billion and $ 12 billion via 2027.

The GM has been analyzing its North American production footprint for months between tariffs, said that they were not going to take any decisions – instead “wait and see” approach – as long as they do not gain further clarity on the regulatory environment, including auto levy.

GM CFO Paul Jacobson said during the end of the last month during a Bernstein Investor program that the tariff probably “would not be as bad as the market reacted.” He said that there were promising indications of potential trade deals with other countries and the ability of the automaker to reduce some costs of tariffs.

Detroit automaker earlier said that it is expected to happen Able to offset between 30% and 50% North American tariffs without deploying any capital in short term.

GM CEO Mary Barra During the Bernstein incident, it was said that the company is “going to be very flexible and again, strengthens our business because we move forward – in some cases, seizing opportunities where vehicles are so successful.”

Those occasions now include pulling additional expenses on electric vehicles back. The Orion Assembly plant in suburban divisive, which will be repaired for gas products, was expected to be done Second EV-Exclusive Plant In America

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