General Motors will invest $500 million in its Arlington, Tex., factory to build a new generation of ICE-powered full-size SUVs for Chevrolet, GMC and Cadillac.
Elon Musk announced a landmark deal that will see GM's future electric vehicles adopt Tesla's charging technology and gain access to its Supercharger network.
"Today we are announcing plans for a significant investment in Arlington to strengthen our industry-leading full-size SUV business," GM's executive vice president of Global Manufacturing and Sustainability Gerald Johnson said. "Preparing the plant to produce future ICE full-size SUVs reflects our commitment to our valued customers and the efforts of the dedicated Arlington Assembly employees, who have been breaking production records this year."The Chevrolet Tahoe and Suburban, GMC Yukon and Cadillac Escalade comprise the best-selling lineup of full-size SUVs in the U.S. and are a major profit center for GM.
Starting prices for the models range from $56,095 for the entry-level Tahoe to $151,090 for the high performance Escalade-V.The move follows a $854 million investment in V8 engine production to support GM's large SUVs and pickups that was announced in January.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
General Motors to pump $500 million into Arlington plant upgradesGeneral Motors will invest $500 million into upgrades at its massive Arlington assembly plant to continue building future internal combustion engines for SUVs. ...
Consulte Mais informação »
GM invests $500 million to build large SUVs in Texas - AutoblogGeneral Motors is spending $500 million to upgrade the factory in Texas that builds the Chevy Tahoe, Suburban, GMC Yukon and Cadillac Escalade.
Consulte Mais informação »
GM to Invest $500 Million to Build Next-Generation Cadillac Escalade, Other Large SUVsThe notably profitable SUVs remain in high demand, and sales are needed to assist in funding the automaker’s investments in EVs.
Consulte Mais informação »
GM to invest $500 million at plant that makes large SUVs in ArlingtonGeneral Motors said Thursday that it will sink more than $500 million into its Arlington, Texas, assembly plant to get ready for the next generation of big SUVs with internal-combustion engines.
Consulte Mais informação »
GM to invest $500 million at plant that makes large SUVs in Arlington, TexasGeneral Motors said Thursday that it will sink more than $500 million into its Arlington, Texas, assembly plant to get ready for the next generation of big SUVs with internal-combustion engines.
Consulte Mais informação »
GM to invest more than $500 mln in Texas plant for future SUVsGeneral Motors said Thursday it will invest more than $500 million in its Arlington, Texas assembly plant to prepare it for production of next-generation internal combustion engine full-size SUVs.
Consulte Mais informação »