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GM confirms plans to build new EV, invest $300 million in Michigan plant

JacksinPA

JacksinPA

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GM confirms plans to build new EV, invest $300 million in Michigan plant | Reuters

(Reuters) - General Motors Co confirmed on Friday it will invest $300 million in a suburban Detroit assembly plant, adding 400 jobs to build a new Chevrolet electric vehicle.

The largest U.S. automaker has come under heavy criticism from President Donald Trump in recent days over its decision to end production at its Lordstown, Ohio, assembly plant earlier this month.
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There must be a good reason why they are investing in new production in MI while at the same time closing a big plant in OH.
 
JacksinPA said:
There must be a good reason why they are investing in new production in MI while at the same time closing a big plant in OH.
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Cheaper to build a new factory than convert one given location and such? Just a guess.
 
Repurposing will only get you so far, and frankly, I'd wager the manufacturing needs of a modern EV are dramatically different than those of an ice powered car.
 
ecofarm said:
Cheaper to build a new factory than convert one given location and such? Just a guess.
Click to expand...

Some accountant with a spreadsheet program is responsible, I'm sure. Big companies are run basically by accountants & columns of numbers.
 
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