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GM planned to restart Orion Assembly after a $4 billion retooling and expansion to build the Silverado EV and GMC Sierra EV later this year.
Foxconn’s U.S. factory, in particular, fuels speculation because it adds domestic production capacity at a time when ...
Despite the market uncertainty caused the Trump administration’s import tariffs, GM has no intention to move production of ...
General Motors said Monday it would withdraw guidance it had previously issued over its potential profits this year because ...
General Motors is increasing transmission production at the GM Toledo Propulsion ... The 25-percent tax on vehicles assembled outside the U.S. is expected to extend to individual vehicle ...
Current US production ... expansion. In addition, the chairman of the local United Auto Workers union, Rich LeToruneau, added that between 225-250 additional full-time jobs will be added. GM ...
TOLEDO, Ohio — General Motors is swapping a production ... you will begin to see EDU production phase/line 1 removed, which will provide space for us to install equipment and tooling for ...
Reuters first reported that GM would increase production at the Indiana assembly plant in early April after U.S. President Donald Trump announced 25% tariffs on auto imports. A spokesperson for ...
If US tariffs remain in the long term, we think vehicle production ... enable margin expansion over time. Our weighted average cost of capital is about 10%. Our estimate for GM's midcycle ...
and was GM’s first U.S. powertrain or propulsion-related factory transformed for EV-related production. The move comes at a time when uncertainty around potential tariffs on imported vehicles ...
The decision to increase production in Ohio follows reports in early April about GM’s plans to boost output at the Indiana assembly plant. This development came after US President Donald Trump ...