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GM Electric Vehicle Delivery Trends (Q1)
Year-over-year percentage decline in deliveries for select GM electric vehicle models.
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GM announces $691 million investment in Ontario plant to secure its ...
General Motors Co. says it is investing $691 million to upgrade its propulsion plant in St. Catharines, Ont., where it makes V-8 engines for SUVs and pick-up trucks.
GM to invest $888 million in Tonawanda propulsion plant
General Motors is set to invest $888 million in its propulsion plant in Tonawanda. The plant will help the company's production of small-block V-8 engines for its trucks and SUVs. The project will support 870 jobs at the plant, which New York state says 177 of those were deemed at risk. “It's the fear of the unknown, right? I mean, there's always work out there. You're just wondering if it's going to be put in your facility or not. And now that that has been awarded, the fear of the unknown is taken away. You know that you have a long-term viability. You know you have a job to go to every day," said Raymond Jensen, Jr., assistant director of United Autoworkers Region 9. The announcement comes on the heels of the closure of the town's Sumitomo Rubber plant in November 2024, where 1,550 workers were impacted. Town Supervisor Joe Emminger said GM's investment in the Tonawanda plant is the spirit-lifting announcement the area needed. While the $888 million is not designated to create new jobs, he said the company's plan to invest in its machinery and equipment is invaluable. “In this manufacturing [environment] in the 21st century with robots and everything else, replacing humans on the production line, job retention is very important," Emminger said. "That cannot be underestimated." The state is also providing nearly $17 million in in performance-based Excelsior Jobs Program tax credits in return for investment commitments to move the project forward. “General Motors has been a major manufacturer and one of the largest employers in Western New York for years. This impressive project demonstrates how public/private partnerships can help companies like General Motors expand their operations while supporting jobs in Upstate New York,” Gov. Kathy Hochul said in a statement. “Today’s $888 million investment is great news for the hundreds of workers at the plant and builds on New York’s manufacturing legacy by providing world-class products to the global market. I look forward to seeing New York’s partnership with GM bring the next generation of automotive technology to its Tonawanda plant and I thank them for their tremendous support and belief in Western New York.”
GM Pledged To Shift Manufacturing To America, Still Built A Million ...
As President Trump was pushing American companies to bring manufacturing back inside the country last Summer, General Motors said it was committed to immediate investments to make sure “the future of transportation will be driven by American innovation and manufacturing expertise.”Recent figures shows, however, that the auto giant imported more than a million finished vehicles into ...
General Motors Company (GM) Company Profile & Description
General Motors Company designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. It operates through GM North America, GM International, and GM Financial segments.
