GM is investing $1.5 billion in US to construct redesigned midsize pickups

DETROIT — General Motors on Friday confirmed it is going to make investments $1.5 billion to provide its next-generation Chevrolet Colorado and GMC Canyon midsize pickups.

GM is placing $1 billion of that into its Wentzville truck plant in Missouri for upgrades and $500 million to retool its suppliers’ factories, in response to GM.

“That is a part of our complete technique to put money into progress areas and strengthen our U.S. manufacturing base,” GM President Mark Reuss said in a release. “GM sells extra pickups than every other automaker and we have now aggressive plans to construct on our strengths.”

The corporate declined to touch upon when the redesigned vehicles will go on sale, nonetheless retooling the plant is predicted to start later this month and proceed for a number of months. An organization spokesman stated GM expects there to be “minimal downtime” on the plant in the course of the work.

The Wentzville plant is one in all a handful of GM’s U.S. meeting crops that function on three, around-the-clock shifts. Persevering with manufacturing of the autos is a high-priority, significantly with introductions of recent midsize pickup opponents from Ford Motor and Fiat Chrysler up to now yr or so.

The plant’s paint store, physique store and common meeting areas will obtain upgrades, together with new machines, conveyors, controls and instruments, GM stated.

An funding…