GM committing more dollars for Volt in 370M plant

From the Associated Press: General Motors Corp. said it will build a new factory in Flint to make four-cylinder engines for the Chevrolet Volt rechargeable electric car and other models. GM Chairman and Chief Executive Rick Wagoner said the new plant will build a 1.4-liter four-cylinder engine that will extend the range of the Volt, and a turbocharged version that will power the Chevrolet Cruze, a new compact car to be built in Lordstown, Ohio.

This is great news for both Michigan and for Chevrolet as they continue to ride the wave of the Volt towards the promised land. The Cruze hasn't been as hyped as the Volt, but it still has a pivotal role in Chevrolet's and GM's future. As far as jobs go, there won't be anything created--yet. However, it does save the jobs for sure of 300 hourly workers. The Flint investment includes the 552,000-square-foot plant as well as machinery and other equipment. GM says it will invest another $21 million in tooling for its suppliers to support the new Flint factory.

In the world of bad news that has accompanied the economy and the car industry as a whole, I love these types of stories and can only hope that this money that continues to roll in towards the investment of Volts and Cruzes will pay off for GM and the people of Flint.

( Add your comments )

Recent Entries:
· 2011 Ford Explorer
· Honda Announces Mileage Marathon Winner
· Cadillac Converj is GM's next electric car

[ READER COMMENTS ]

GM committing more dollars for Volt in 370M plant

Add your comments...

We kindly ask that you keep your comments relevant to this blog entry. Abusive or inappropriate comments or comments that are specifically promotional in nature may be removed.