GM To Drop $417 Million For New Flint, MI Paint Facility?
If the decision were to be made official, chances are that it will be part of the $2 billion master plan that CEO Dan Akerson announced only recently.
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If the decision were to be made official, chances are that it will be part of the $2 billion master plan that CEO Dan Akerson announced only recently.
It should be noted that General Motors will not be posting new job openings at the plants until the arrangements are made official.
C7 C7 C7 C7 C7 C7 C7.
Will we learn more about the Corvette C7 tomorrow morning?
The latest plant to get a makeover is the GM Components Holdings Rochester Operations plant in Rochester, N.Y. where the company is pooling $100 million and adding 30 jobs to the plant in order to make future vehicle components.
Like the previous sale of Ally Financial, the profits will be divided between quarters, with $1.6 billion set to be recorded for the results of the first quarter of 2011.
No, it’s not for building cars for the United States market.
Having proposed a lower tax rate on imported components, the Russian government is hard at work trying to persuade major foreign automakers to boost Russian production.
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General Motors has announced that it will invest $163.2 million in its engine manufacturing operations in Flint and Bay City, Michigan, as well as in Defiance, Ohio.
“Marking the new start in Europe, Cadillac presents a portfolio of model year 2011 vehicles.” That’s the opening line of a press release from Cadillac Europe.
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GM Ventures, General Motor’s Venture Capital subsidiary, has announced a $4.2 million investment in Sakti3, Inc. – an Ann Arbor-based developer of next-generation lithium-ion batteries.