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Money Talks News on MSNNew York Factory Receives $900M General Motors Investment for Truck EnginesGeneral Motors commits $888 million to upgrade its Buffalo, New York plant for advanced V-8 engine production. The investment ...
Officially, the company still aims to sell only EVs by 2035. Unofficially? ICE is paying the bills, and GM’s moving capacity ...
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GM Announces Another Massive Investment in New V8 Engines - MSNAt one point, General Motors was all-in on plans to become an all-electric automaker, but we’re now here talking about the automaker’s nearly $1 billion investment in a new V8 engine line. The ...
General Motors is recommitting to gasoline-powered vehicles after announcing a $4 billion investment for its U.S. manufacturing footprint. GM will invest $4 billion in U.S. factories to expand ...
Legacy automaker General Motors (GM) is pivoting its investments toward combustion engines with a new $888 million commitment. The company plans to use the funds to boost production of its latest ...
GM's top-selling vehicles in the first three months of 2025 included the Chevy Silverado and GMC Sierra trucks, the latter of which has an option for a V-8 engine.
General Motors' investment will increase US production. A worker installs an engine at the General Motors assembly plant in Fort Wayne, Indiana, US, on Tuesday, April 9, 2024.
GM's balance sheet and liquidity were strong at the end of 2023, apart from $10.2 billion in underfunded pension and other postemployment benefit obligations, an improvement from $30.8 billion at ...
While GM isn’t abandoning its electric vehicle portfolio — “We still believe in an all-EV future,” a spokesperson told David — the auto giant’s renewed investment in gasoline-powered cars and trucks ...
General Motors is making a big investment in its US production footprint — in part because of uncertainty over President Trump's tariffs.GM plans to invest $4 billion in certain US plants over ...
The company said the investment marks its largest single investment in an engine plant, and makes Tonawanda its second propulsion plant to produce the sixth generation of V-8 engines.
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