You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

GM to invest $1.5B in N. American factories

DETROIT — General Motors will invest $1.5 billion in its North American factories this year, the automaker said.

North American president Mark Reuss revealed the figure in a speech Wednesday night but gave no details. The company said it will list the specific plants affected and job numbers later.

Continue reading below

GM is revamping 70 percent of its US models as it switches from the industry’s oldest lineup to the newest.

Reuss said the investment is in addition to the $10.2 billion GM already has spent on its factories since July 2009. The company has added about 2,000 US jobs since then.

GM recently unveiled new full-size pickup trucks, a completely redone Chevrolet Corvette, and a Cadillac luxury version of the Chevrolet Volt plug-in electric car.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of