It will go towards modernizing the paint facility.
This means more American-made vehicles from GM.
The funds will be used to boost engine production.
We know why it looks so angry: because it’s not on sale (yet).
The investment will divided among three locations.
For next-generation mid-size trucks, of course.
The money will come solely from GM’s Chinese market operations.
Switching from financial defense to offense.
Jobs will be added in doing so.
The full amount is said to be invested in various facilities.
All of it will go towards testing facility updates.
The commitment continues.
The money will be dispersed among plants in Michigan, Ohio, and Indiana.
That’s 8 trillion won over the next five years to support production & engineering capabilities.
These are worth reading if recent developments at the plant have brought you down.
The automaker is also placing an increased focus on profitability.
The expansion also means heavy consolidation for GM Powertrain in an effort to streamline development.
The announcement is the latest in investments for Fairfax, which totals nearly $2 billion through the past 10 years.
The plan consists of adding more than two dozen dealer locations.
And why bean counting actually matters.
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