GM expands production of gas-powered SUV, trucks in Michigan
Publishing timestamp: 2025-07-15 19:25:35
Summary
General Motors will move production of Cadillac Escalade to an assembly plant in Michigan and expand manufacturing of Chevrolet Silverado and GMC Sierra light duty pickups at Orion Assembly. This move is part of GM's plans to invest $4 billion in U.S. facilities and comes in response to strong customer demand for gas-powered vehicles. The company had previously announced plans to exclusively offer electric vehicles by 2035, but has since shifted its plans due to slower than expected demand for EVs.
Sentiment: NEUTRAL
Tickers: GM,
Keywords: breaking news: business, donald j. trump, donald trump, michigan, detroit, business news, environment, general motors co, united states, business, transportation, mary barra,
Source: https://www.cnbc.com/2025/07/15/gm-escalade-silverado-sierra-michigan-orion-assembly.html