GM to invest $332M in new engines, transmissions
Apr 08, 2013 | 02:13 PM
CHICAGO General Motors Co. plans to spend nearly $332 million at four manufacturing sites to produce more fuel-efficient engines and transmissions.
The investment will support production of a new Ecotec gas engine, a new V6 engine, a new eight-speed transmission and an existing six-speed transmission.
The Detroit-based automaker will spend $215 million at its Flint, Mich., engine operations facility to support production of a new, small Ecotec gasoline engine. The company will announce details about the variants the plant will build later. The plant also will upgrade tooling for its current V6 engine. ....
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