03:13 GMT05 August 2020
Listen Live
    US
    Get short URL
    0 64
    Subscribe

    General Motors will invest money in its US jobs' creation, a press release from the company said on Tuesday.

    WASHINGTON (Sputnik) — US automaker General Motors will invest $1 billion in its US operations to create 7,000 new jobs, a press release from the company said on Tuesday.

    "General Motors today announced that it will invest an additional $1 billion in US manufacturing operations," the release stated.

    The release noted that the investments will involve several new vehicle, technology and component projects, leading to 1,500 new and retained jobs.

    The insourcing of axle production for the company's next generation of pickup trucks will add 450 jobs to a plant in the state of Michigan, the release added.

    Other moves the company has made, including insourcing technology jobs and streamlining engineering operations, will create more than 5,000 new jobs over the next few years, according to the release.

    Related:

    General Motors Strikes Back After Trump's Tax Threat: Cruze Models Built in US
    Trump Threatens General Motors With Border Tax Over Car Production in Mexico
    General Motors to Start Testing, Producing Self-Driving Cars in Michigan
    US Trade Union of Automobile Workers Threatens General Motors With Strike
    Tags:
    investments, operation, General Motors (GM), United States
    Community standardsDiscussion