GM Announces $4 Billion Investment to Make More Gas-Powered Vehicles

Citing a slowdown in EV sales, the company is ramping up internal combustion product plants in Michigan, Kansas, and Tennessee.
GM Announces $4 Billion Investment to Make More Gas-Powered Vehicles
General Motors employees work on Chevrolet pickups at a plant in Flint, Mich., on Feb. 5, 2019. Rebecca Cook/Reuters
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General Motors is investing about $4 billion in U.S. manufacturing to expand production of internal combustion engine vehicles amid slower-than-expected electric vehicle sales.

On June 10, the Detroit automaker announced plans to expand finished vehicle production at facilities in Michigan, Kansas, and Tennessee. In a statement, GM said those upgrades will allow those three production facilities to increase their combined output by about 2 million vehicles annually.