GM to announce $300 million investment in Orion EV/AV plant

- General Motors Co will announce on Friday plans to invest $300 million in a suburban Detroit plant that builds electric and self-driving vehicles for Chevrolet and the automaker’s self-driving Cruise unit, two people familiar with the plans said on Thursday.

The largest U.S. automaker is expected to announce it plans to build a new electric compact vehicle for Chevy, said the people, who asked not to be identified. GM has come under harsh attacks from President Donald Trump over its decision to end production at its Lordstown, Ohio, assembly plant. The new Chevy vehicle is based on the same compact architecture as the Chevrolet Bolt EV and the Cruise AV that are assembled in Orion.

Ford is building it's NEW Electric Mustang Crossover in Mexico.

This is GM and Ford's last hail mary in the passenger car market. If their EV sedans aren't competitive in 5 years, they should be making trucks, SUV's, Mustangs, and Corvettes -- that's it.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

GM to Trump: 'To be clear,' the company and UAW will decide fate of Lordstown plantGM responded late Sunday to a series of angry tweets from President Donald Trump demanding that the automaker reopen or sell the plant in Lordstown, Ohio, that it recently closed because of shifting customer demand. Because their decision making has done wonders so far. Us liberals need to stand together and not let Trump create any more jobs!! I’m sick and tired of having to work. CNN has already buried the Dutch Transit Shooter Story as Soon as he was identified as a Muslim with ISIS connections... Where the Obama is a Muslim extremist stories?
Source: CNN - 🏆 4. / 95 Read more »