DonGlock26
Diamond Member
- Sep 15, 2024
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"GM to invest $4 billion in U.S. manufacturing plants amid tariffs
GM plans to invest $4 billion in several American plants, including adding production of two popular Chevrolet vehicles that are currently built in Mexico.
The Detroit automaker announced the plans Tuesday, as there have been few indications of progress in trade talks between the Trump administration and Mexican leaders.
The investment and moves will likely be hailed as a win for Trump’s policies and automotive tariffs, which took effect for imported vehicles in April and many auto parts in May.
DETROIT — General Motors plans to invest $4 billion in three American assembly plants, including adding production of two popular vehicles that are currently built in Mexico.
The Detroit automaker announced the plans Tuesday, as there have been few indications of progress in trade talks between the Trump administration and Mexican leaders. Earlier this year, President Donald Trump implemented 25% tariffs on imported vehicles and 25% tariffs on many auto parts imported into the U.S.
GM said the investment will add assembly of the Chevrolet Blazer and Chevrolet Equinox that are currently produced in Mexico to two other plants in the U.S. and convert a large idled plant in Michigan — formerly expected to build all-electric trucks — to make gas-powered vehicles."
This is what winning looks like. Four Billion invested in AMERICAN workers and not foreign workers. This is what America voted for.