GM Prepares for New Generation of HD Trucks with $1 Billion Investment
Source: GM to invest over $1 bln in Flint plants to boost truck production by Joseph White
FLINT, MI—General Motors plans to invest more than $1 billion to re-tool two manufacturing sites in Flint, Michigan, to prepare for a new generation of its internal combustion engine heavy-duty (HD) trucks.
GM has outlined $1.7 billion in investments in Flint facilities this year to support the next generation of its heavy-duty pickups. GM said it will spend $579 million at its Flint Engine Operations to produce a sixth generation of its small block V-8 combustion engine. Another $103.5 million will be spent upgrading a separate Flint facility that supports truck production.
Last year, GM sold nearly 288,000 trucks with HD pickup sales, which rose 38% from a year earlier.
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