The fresh investments will enable GM to boost its U.S. vehicle production to over 2 million units annually.
GM operates 50 automotive manufacturing plants and components in 19 states across the U.S., which include 11 vehicle assembly facilities.
The capital investment plan for the company in 2025 remains the same at $10-11 billion, as stated in the press release. GM plans to keep capital expenditures at $10-12 billion through 2027.
source: bloomberg.com
GM operates 50 automotive manufacturing plants and components in 19 states across the U.S., which include 11 vehicle assembly facilities.
The capital investment plan for the company in 2025 remains the same at $10-11 billion, as stated in the press release. GM plans to keep capital expenditures at $10-12 billion through 2027.
source: bloomberg.com