General Motors' CFO Paul Jacobson made the remarks June 11 at the Deutsche Bank Global Auto Industry Conference.

Shares of General Motors are up before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.

Whether you are a fan of the tariffs or not, the automakers are investing more and more in America.  This week, General Motors announced plans to invest about $4 billion over the next two years

General Motors said on Tuesday it is planning to invest about $4 billion over the next two years at three U.S. facilities in Michigan, Kansas, and Tennessee as it moves to boost production of gas-powered vehicles amid slowing electric vehicle demand.

GM’s stock climbs as the carmaker’s $4 billion investment to expand existing capacity is viewed as a better than building new plants, one analyst said.

General Motors is making a big investment in its US production footprint — and President Trump’s tariffs could be a reason why.

GM formed alliances with 2 rare earth mineral processing companies to domestically source materials for parts GM uses in EVs.

General Motors Co. plans to invest $4 billion in its US plants over the next two years in response to President Donald Trump’s tariffs in a move that reduces production in Mexico while boosting domestic output of some of its some of its top-selling gas-powered vehicles.

GM is facing another class action lawsuit targeting the naturally aspirated 6.2L V8 L87 gasoline engine, this time with plaintiffs alleging an inadequate fix.