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GM to invest $918 million mainly in combustion engines

24 January 2023

General Motors announced plans to invest $918 million, mostly in V-8 engine production for SUVs and full-size pickups, in four manufacturing sites in Michigan, Ohio, and New York state. This investment comes in spite of the company’s announced intent to phase-out internal combustion engines by 2035.

The investment plans include:

“These investments (...) enable us to build world-class products for our customers and provide job security at these plants for years to come,” said Gerald Johnson, GM’s executive vice president of global manufacturing and sustainability.

Source: General Motors