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Home Foreign

GM boosts truck production with $24m

The Matters Press by The Matters Press
June 2, 2019
Reading Time: 1 min read
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GM boosts truck production with $24m

GM plant

GM plant

General Motors has resolved to invest $24 million to increase truck production at its assembly plant in Fort Wayne, Indiana.

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The plant makes Chevrolet Silverado and GMC Sierra models.

“We are building Chevrolet and GMC crew cab pickups at record volume and mix levels to meet customer demand and the $24 million investment will allow us to build even more,” said Chief Executive Officer Mary Barra.

American customers have been abandoning traditional passenger cars in favor of more comfortable SUVs, although demand in recent quarters has been weak for the more popular larger vehicles.

ALSO READ  Travel agencies lose N180bn to COVID-19

The investment will boost the plant’s conveyors and other tooling to support the increased production, the company said.

http://www.autobusinessreport.com/gm-to-boost-pickup-production-with-24m/

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