General Motors, vehicle production facilities
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General Motors announced on Tuesday a $4 billion investment over the next two years in three U.S. manufacturing plants, one of which is located in Michigan.According to a news release from the automaker,
General Motors will invest $4 billion in three U.S. manufacturing sites over the next two years to prepare for changing production slated to begin in 2027. Two popular Chevrolet models also will move to U.
The automaker intends to significantly expand its manufacturing footprint here in the United States.
GM CFO says $4 billion investment will help rebalance production amid Trump's tariffs uncertainty and EV demand slowdown.
General Motors (GM) quietly backed away from its high-profile pledge to phase out gasoline-powered vehicles over the next decade, effectively
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This resurgence was led by founder Henry Ford’s son, Henry II, known as The Deuce, and a group of senior managers, called the Whiz Kids, led by Robert McNamara. General Motors, fuelled by profits from its war contracts, was the clear leader.
Shares of automotive manufacturer General Motors (NYSE:GM) fell 5.2% in the afternoon session after President Trump announced plans to double tariffs on steel and aluminum imports to 50%. Automakers rely heavily on these raw materials for vehicle production,
I do see a wide margin of safety at General Motors' current price level, at which I believe the downside is priced in but not the upside. See more on GM stock.