24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

GM to Spend $332 Million on Plant Upgrades

General Motors announced plans on Thursday to invest nearly $332 million in four U.S. manufacturing sites to produce more fuel-efficient engines and transmissions.

The commitment comes just days after the Detroit automaker reported a 6.4% increase in March sales, led by fuel-efficient cars as well as trucks and crossovers.

GM’s vice president of U.S. sales operations, Kurt McNeil, at the time attributed the improvement to new products and the strengthening economy as American families become more financially secure.

Source: Fox Business. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement