04 Apr '13, 1pm

GM To Invest $332 Million In New Fuel-Efficient Powertrains - via @HybridCarsCom

GM To Invest $332 Million In New Fuel-Efficient Powertrains - via @HybridCarsCom

General Motors Co. announced today it will invest nearly $332 million in four manufacturing sites to produce more fuel-efficient engines and transmissions. The investments – announced simultaneously at GM plants in Flint and Bay City, Mich.; Toledo, Ohio, and Bedford, Ind. – will support production of a new Ecotec small gas engine, a new V6 engine, 8-speed transmission, and tooling for an existing 6-speed transmission, said GM. GM also said it is increasing previously announced powertrain investment in plants in Romulus and Saginaw, Mich., to $646 million – an increase of $46 million – to support production of the new V6 engine. “We are investing in technologies and manufacturing capabilities that produce high-quality, fuel-efficient vehicles and components for our customers,” said Diana Tremblay, vice president of GM North American Manufacturing. “Today’s announcement dem...

Full article: http://www.hybridcars.com/gm-to-invest-332-million-in-new...

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