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GM doubles down on American manufacturing with $4B investment
New York Post· 2025-06-11 21:45
Investment Overview - General Motors is investing $4 billion in U.S. plants over the next two years to enhance the manufacturing of gas and electric vehicles [1] - This investment will enable the company to assemble more than 2 million vehicles annually in the U.S., an increase from the previous production of approximately 1.7 million vehicles [2][4] Strategic Initiatives - The investment follows a recent allocation of $888 million for the Tonawanda Propulsion plant to support the production of the next-generation V-8 engine [1] - GM plans to expand production at various plants, including the Orion Assembly plant for gas-powered SUVs and light-duty trucks starting in early 2027 [7] - The Fairfax Assembly plant will begin producing the gas-powered Chevrolet Equinox in mid-2027, with significant demand noted as sales rose over 30% year over year in Q1 2025 [8] Market Context - The investments align with broader industry commitments to bolster U.S. manufacturing and support American jobs amid tariffs imposed by the Trump administration on imported vehicles and auto parts [3][6] - GM's CEO, Mary Barra, emphasized the belief that the future of transportation will be driven by American innovation and manufacturing expertise [2] Future Projections - GM's annual capital spending is projected to be between $10 billion and $12 billion through 2027, reflecting increased investment in the U.S. and prioritization of key programs [9]
General Motors to Make an Investment of $888M in Tonawanda Plant
ZACKS· 2025-05-29 14:25
General Motors Company (GM) has revealed plans to invest $888 million into its Tonawanda Propulsion plant to support the production of its sixth-generation V-8 engines, which power full-size trucks and SUVs. These new engines are expected to outperform current models while enhancing fuel efficiency and lowering emissions, thanks to advancements in combustion and thermal management technologies.Over the past 15 years, GM has consistently invested in its manufacturing capabilities. In January 2023, it committ ...
福特 F-150 Lightning 成功超越特斯拉 Cybertruck,成为 2025 年第一季度美国最畅销电动皮卡
Xin Lang Cai Jing· 2025-05-17 23:48
IT之家注意到,特斯拉 Cybertruck 在 2023 年上市后曾迅速成为美国最畅销电动皮卡,但如今 Cybertruck 销量 已掉到第九位。尽管如此,特斯拉品牌仍然凭借 Model S / 3 / X / Y 车型在美国电动汽车市场保有一定地位。 与此同时,其他品牌的电动皮卡车型也对相应销量榜虎视眈眈。根据 Cox Automotive 的最新数据,雪佛兰 Silverado EV 和 GMC Sierra EV 在 2025 年第一季度的销量分别为 2383 辆和 1249 辆,而 Rivian 的 R1T 则售 出 1727 辆。随着各家新车型的推出,预计相应领域的竞争将进一步加剧。 ▲ 福特 F-150 Lightning IT之家 5 月 17 日消息,分析公司 S&P Global Mobility 发文,透露 2025 年第一季度福特的 F-150 Lightning 电动皮卡成功超越特斯拉 Cybertruck,重新成为美 国最畅销电动皮卡。 参考相应数据,福特 F-150 Lightning 今年 3 月在美国市场共计注册了 2598 辆,作为比较,特斯拉 Cybertruck 为 2 ...
GM(GM) - 2025 Q1 - Earnings Call Presentation
2025-05-01 11:21
Strong Execution and Continued Business Agility Q1 2025 Earnings May 1, 2025 Cadillac Escalade 2 Page 4 Business update Page 12 Financial information Page 26 Supplemental financial information Table of contents GMC Sierra EV Information relevant to this presentation GMC Acadia Cautionary Note on Forward-Looking Statements This communication and related comments by management may include "forward-looking statements" within the meaning of the U.S. federal securities laws. Forward-looking statements are any st ...