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Vans come off the meeting line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.
John Gress | Reuters
DETROIT – Common Motors introduced plans Monday to speculate $632 million for manufacturing of its next-generation full-size pickup vehicles at a plant in Indiana.
The funding is the automaker’s third such announcement up to now week involving GM’s next-generation giant vehicles and SUVs, that are primarily based on the identical car structure and share some inside components. The investments introduced in latest days whole greater than $2.1 billion.
GM stated the funding in its Fort Wayne plant in Indiana will help new conveyors, tooling and tools within the plant’s physique and normal meeting areas for manufacturing of the Chevrolet Silverado and GMC Sierra 1500 fashions.
The funding in Indiana is additional affirmation that the corporate plans to proceed to spend on its conventional operations to help in funding its rising electrical car enterprise.
The corporate has stated it plans to solely provide shopper EVs by 2035, together with new all-electric variations of the Silverado later this 12 months and Sierra Denali in early 2024.
The funding bulletins come forward of contract negotiations between the Detroit automakers, together with GM, and the United Auto Staff union this summer time.
This 12 months’s negotiations are anticipated to be among the many most contentious and necessary in latest reminiscence, fueled by a yearslong organized labor motion throughout the nation, a pro-union president and an trade in transition to all-electric automobiles.
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