TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%
TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%
TSLA372.800-3.22%
GM76.620-2.32%
F12.260-0.14%
RIVN16.060-0.085%
CYD40.080-0.69%
HMC24.000-0.2%
TM191.260-1.72%
CVNA396.730-9.69%
PAG171.66010.11%
LAD291.00013.76%
AN205.6904.72%
GPI349.2104.51%
ABG201.3900.83%
SAH73.2600.87%

GM pours $830M into Midwest powertrain plants to support next-gen truck lineup

The automaker deepens U.S. manufacturing push with new funding for powertrain and engine facilities

GM bets $830M on gas-powered trucks as rivals chase EVs

On the Dash:

  • GM allocates $830M to Michigan and Ohio plants to boost gas-powered truck and SUV production
  • Total U.S. manufacturing investment surpasses $6B over the past year
  • Funding targets transmission and engine output across three key facilities

General Motors on Wednesday announced an $830 million investment in three U.S. plants to expand production of next-generation gas-powered trucks and SUVs, reinforcing its manufacturing footprint in the Midwest.

The latest funding brings GM’s total U.S. investment in onshoring and manufacturing to more than $6 billion over the past year. The automaker will direct the new capital to facilities in Romulus, Saginaw, and Toledo.

“This $830 million investment is another clear signal of our commitment to these facilities, the exceptional people who work here and the customers who depend on the products we build every day,” Mike Trevorrow, GM’s Global Manufacturing Senior Vice President, said in the company’s press release.

Sign up for CBT News’ daily newsletter and get the latest industry stories delivered straight to your inbox.

GM will invest $300 million in its Romulus Propulsion Systems plant to increase production of 10-speed transmissions used in full-size trucks and SUVs. The automaker committed an additional $300 million to the facility late last year, bringing total Romulus investment for this program to $600 million.

At Saginaw Metal Casting Operations, GM will spend $150 million to expand head casting capacity for sixth-generation engines used in full-size pickups and the Chevrolet Corvette. The Toledo Propulsion Systems plant will receive $80 million to support additional transmission output for light-duty trucks.

Approximately 3,000 employees work across the three facilities receiving the investment.

More from Industry News
Fed holds rates steady, squeezing used-car buyers

Fed holds rates steady, squeezing used-car buyers

- April 30, 2026
On the Dash: Used-car buyers face the greatest strain as high interest rates persist, with no incentives to offset costs. Rising gas prices disproportionately impact lower-income households, compounding affordability challenges. ...
Sale of stakes in Bugatti Rimac and Rimac Group marks latest move in Porsche CEO Michael Leiters' sweeping turnaround effort.

Porsche sells Bugatti Rimac stakes as it shifts focus to gas, hybrid models

- April 24, 2026
On the Dash: Porsche sells minority stakes of joint venture Bugatti Rimac, refocusing on its core business under new CEO Michael Leiters. Consortium led by NY investment firm HOF Capital...
Ford doubles down on U.S. assembly as trade policies shift industry strategy

Ford doubles down on U.S. assembly as trade policies shift industry strategy

- April 24, 2026
On the Dash: Ford’s domestic production advantage may become a stronger selling point as “Made in America” messaging gains traction. Policy-driven incentives could shift consumer demand toward U.S.-assembled vehicles Inventory...
GM indefinitely delays electric truck refresh as EV losses mount, gas demand rises

GM indefinitely delays electric truck refresh as EV losses mount, gas demand rises

- April 22, 2026
On the Dash: Slower EV rollout may extend the profitability window for gas-powered trucks and SUVs. Inventory strategies should align with continued strong demand for ICE trucks over near-term EV...
CBT News
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.