Expanding Production Capacity Nationwide
General Motors has revealed plans to invest $4 billion in its U.S. manufacturing facilities over the next two years. This move is aimed at scaling up production of both gas and electric vehicles, allowing GM to assemble over two million vehicles annually within the United States. The investment comes shortly after GM's announcement to invest $888 million into the Tonawanda Propulsion Plant in New York to support its next-gen V-8 engine production.
Strategic Plant Expansions Across Key States
The company will enhance production across several key plants:
GM's Ongoing Commitment to American Jobs and Innovation
GM’s CEO, Mary Barra, emphasized the company’s dedication to American manufacturing, highlighting the long-term impact of these investments on job creation and technological advancements. With a footprint spanning 50 U.S. manufacturing plants in 19 states, GM is committed to supporting nearly a million U.S. workers, from employees to suppliers and dealers.
“The scale of our manufacturing operations reflects the positive economic effects on American communities,” said Mark Reuss, GM’s president. The company also continues to lead the U.S. market in full-size pickups and SUVs while growing its presence in the electric vehicle sector, becoming the second-largest EV seller in the U.S. by mid-2024.
GM’s 2025 capital spending guidance remains unchanged at $10 billion to $11 billion, with projections indicating annual spending between $10 billion and $12 billion through 2027, reinforcing the company’s strategic focus on U.S. production and innovation.