GM to Increase Investment in Heavy-Duty Trucks -Reuters
13 June 2019 - 3:20AM
Dow Jones News
--General Motors Co. (GM) on Wednesday said it would increase
investment in heavy-duty trucks and planned to increase production,
Reuters reported.
--GM President Mark Reuss said the company will invest about
$150 million at its assembly plant in Flint, Mich., the report
said.
--GM plans to have the Flint plant increase production of
heavy-duty trucks by about 40,000 a year, the report said.
--Sales of heavy-duty pickups have increased more than 20% in
the U.S. since 2013, the report said.
Full story:
https://www.reuters.com/article/us-gm-investment/gm-to-invest-150-million-to-boost-heavy-duty-pickup-truck-production-idUSKCN1TD1ZK?il=0
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 12, 2019 13:05 ET (17:05 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
General Motors (NYSE:GM)
Historical Stock Chart
From Apr 2024 to May 2024
General Motors (NYSE:GM)
Historical Stock Chart
From May 2023 to May 2024