GM CEO Mary Barra said the investment "demonstrates our ongoing commitment to build vehicles in the U.S. and to support ...

General Motors announced on Tuesday a $4 billion investment over the next two years in three U.S. manufacturing plants, one of which is located in Michigan.

The new investment will not reduce any production in North America and does not include previously announced U.S. investment as part of UAW contracts.

Michigan-based General Motors is investing $4 billion in the U.S. to boost domestic manufacturing of popular models of gas-powered and electric vehicles.

Reports have alleged that the Orion Assembly Plant, which General Motors had previously earmarked for EV manufacturing, isn’t just being retooled to produce all-electric vehicles anymore.

General Motors' CFO Paul Jacobson made the remarks last week at the Deutsche Bank Global Auto Industry Conference.

Shares of General Motors are up before the opening bell after announcing plans to invest $4 billion to shift some production ...

General Motors will spend $4 billion over the next two years to expand production at three U.S. plants as President Donald Trump calls for companies to boost their domestic manufacturing.

The automaker’s CEO refers to an “ongoing commitment to build vehicles in the U.S. and to support American jobs” in making the announcement.

The automaker is putting more money into gas-powered cars, making it all but impossible to reach its goal of selling only electric vehicles by 2035.

While GM isn’t abandoning its electric vehicle portfolio — “We still believe in an all-EV future,” a spokesperson told David — the auto giant’s renewed investment in gasoline-powered cars and trucks ...