General Motors, vehicle production facilities
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General Motors announced on Tuesday a $4 billion investment over the next two years in three U.S. manufacturing plants, one of which is located in Michigan.According to a news release from the automaker,
General Motors will invest $4 billion in three U.S. manufacturing sites over the next two years to prepare for changing production slated to begin in 2027. Two popular Chevrolet models also will move to U.
General Motors (GM) quietly backed away from its high-profile pledge to phase out gasoline-powered vehicles over the next decade, effectively
GM CFO says $4 billion investment will help rebalance production amid Trump's tariffs uncertainty and EV demand slowdown.
This resurgence was led by founder Henry Ford’s son, Henry II, known as The Deuce, and a group of senior managers, called the Whiz Kids, led by Robert McNamara. General Motors, fuelled by profits from its war contracts, was the clear leader.
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The automaker intends to significantly expand its manufacturing footprint here in the United States.
Union and management at the Fairfax Assembly Plant in Kansas City, Kansas, agree on the importance of General Motors' investment in the plant.
I do see a wide margin of safety at General Motors' current price level, at which I believe the downside is priced in but not the upside. See more on GM stock.