Pictures of cars » News » GM will invest $ 1.5 billion in its North American plants

GM will invest $ 1.5 billion in its North American plants

The American automaker General Motors will invest U.S. $ 1.5 billion in its North-American plants this year.

The president of GM North America, Mark Reuss announced this investment during a Wednesday night speech, without providing further details.

The company indicates that targeted factories and key jobs will be precise later.

GM decided to refurbish 70 percent of its models, from the supply of the oldest products industry has the most recent bid.

Mr. Reuss has specified that this investment is in addition to the U.S. $ 10.2 billion that GM has already spent its factories since July 2009. The company has created about 2,000 jobs since.

GM has recently unveiled new vans, a completely new Corvette and Cadillac version of its electric car Chevrolet Volt. Further announcements would come.

GM will invest $ 1.5 billion in its North American plants picture #1