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GM to invest $2.2 billion at Detroit factory to make electric trucks, SUVs

General Motors Co will invest $2.2 billion in its Detroit-Hamtramck assembly plant to build electric trucks and sport utility vehicles, a move that would create 2,200 jobs, the No.1 U.S. automaker said on Monday......»»

Category: topSource: reutersJan 27th, 2020

Critics cry foul as GM, approved for $50M in tax credits, could cut jobs in Wentzville

Critics of tax subsidies for corporations are condemning Missouri's $50 million deal with General Motors earlier this year, after the automaker indicated it could cut thousands of positions at its suburban St. Louis plant......»»

Category: topSource: bizjournalsNov 19th, 2019

GM to spend $20 million more on equipment upgrade at Arlington plant

General Motors Co said on Tuesday it would invest an additional $20 million to upgrade equipment at the automaker's Arlington Assembly plant in Texas, ahead of the launch of full-size sports utility vehicles (SUVs)......»»

Category: topSource: reutersJun 25th, 2019

General Motors adds jobs in Ohio as it mulls selling Lordstown plant

General Motors announced Wednesdays that it's creating around 450 manufacturing jobs at three of its facilities in Ohio......»»

Category: topSource: moneycentralMay 9th, 2019

Under pressure from Trump, GM acts in Canada and Ohio

Under political pressure not to cut jobs, General Motors announced Wednesday it is in talks to sell its Lordstown, Ohio, plant to an electric truck company and said it will maintain some operations at a Canadian factory......»»

Category: topSource: moneycentralMay 8th, 2019

Under pressure from Trump to save jobs, GM acts in Canada, Ohio

Under political pressure not to cut jobs, General Motors Co announced on Wednesday it was in talks to sell its Lordstown, Ohio, plant to an electric truck-building company and also said it would maintain some operations at a Canadian factory......»»

Category: topSource: reutersMay 8th, 2019

Procida set to expand reach of $100M fund with placement agent

For the first time in 25 years, Procida Funding LLC has retained a placement agent to offer the 100 Mile Fund to the general public under the JOBS Act. Since 2011, the fund has served as an open-ended investment vehicle and provid.....»»

Category: realestateSource: realestateweeklyMay 8th, 2019

GM will add 400 jobs to its Corvette plant to prepare for a new model

General Motors Co. is adding 400 workers, some of w.....»»

Category: topSource: latimesApr 25th, 2019

GM to invest $300 million in building a new electric car

General Motors on Friday confirmed that it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle......»»

Category: topSource: moneycentralMar 22nd, 2019

GM to invest $300 million in building a new electric car

General Motors on Friday confirmed that it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle......»»

Category: topSource: moneycentralMar 22nd, 2019

GM to unveil new electric car, investing $300 million in Michigan plant

General Motors Co. said Friday it will invest $300 million in one of its Michigan assembly plants to produce a new Chevrolet electric vehicle, bringing 400 new jobs to the plant. The announcement is part of GM's p.....»»

Category: topSource: marketwatchMar 22nd, 2019

GM confirms plans to build new EV, invest $300 million in Michigan plant

General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle......»»

Category: topSource: reutersMar 22nd, 2019

GM announces jobs, electric vehicle after Trump criticism

Less than a week after a series of critical tweets from President Donald Trump over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a Michigan factory......»»

Category: topSource: foxnewsMar 22nd, 2019

Brazil"s Sao Paulo state to offer tax incentives to automakers

Brazil's Sao Paulo state said on Friday it would offer fresh tax incentives to automakers, weeks after Ford Motor Co said it would shut down a plant there with 3,000 employees and General Motors Co hinted it might do the same before backtracking......»»

Category: topSource: reutersMar 8th, 2019

Workers and politicians are slamming GM for slashing 1,700 jobs at its idled Lordstown, Ohio plant (GM)

Associated Press General Motors is idling its Lordstown, Ohio plant as it undergoes .....»»

Category: topSource: businessinsiderMar 7th, 2019

GM cutting 1,500 jobs at Ohio plant amid falling demand for small cars

General Motors is cutting as many as 1,500 jobs at its massive Lordstown, Ohio, assembly plant, taking a factory that was working around the clock as recently as 2016 down to a single shift a day......»»

Category: topSource: moneyApr 13th, 2018

GM cuts hundreds of jobs as car sales continue to slide

General Motors is cutting several hundred jobs at its plant in Lordstown, Ohio as the automaker adjusts to d.....»»

Category: topSource: moneycentralApr 13th, 2018

GM to lay off workers in Ohio plant that makes the Chevy Cruze

General Motors Co. could cut up to 1,500 jobs at a plant in Ohio that builds the Chevy Cruze, according .....»»

Category: topSource: marketwatchApr 13th, 2018

Autoworkers urge Trump to take action on keeping GM jobs in US

A union leader is urging President Donald Trump to take action to get General Motors to protect jobs at an Ohio plant rather than shipping them to Mexico, according to a letter obtained by AFP on Wednesday......»»

Category: topSource: moneycentralJul 11th, 2018

Official: GM to close Ontario plant, costing 2,500 jobs

General Motors is planning to announce the closure of its Oshawa, Ontario, plant Monday, which will eventually result in the loss of about 2,500 jobs......»»

Category: topSource: foxnewsNov 26th, 2018