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GM to invest $332M in new engines, transmissions

Keywords: Tags  General Motors, engines, engine components, transmissions, Ecotec, fuel efficiency, Flint, Saginaw Bay City

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.

GM also will invest $55.7 million in its Toledo, Ohio, transmission operations facility to produce a new eight-speed automatic transmission and its existing six-speed transmission. The Toledo-made eight-speed will be used in numerous GM vehicles by the end of 2016, the company said.

In addition, GM will invest $31.7 million at its Bay City, Mich., powertrain facility to support production of components for a new V6 engine and the small Ecotec gasoline engine.

And the company will spend $19 million at its Bedford, Ind., castings facility to make components for its new, small gas engine and $10.4 million to make components for its new eight-speed and existing six-speed transmissions.

The company also will increase a previously announced investment to support production of the new V6 engine in plants in Romulus and Saginaw, Mich., by 7.7 percent to $646 million.

The new, small Ecotec gasoline engine is part of a global engine family that could top 2 million engines a year by the end of the decade, based on production projections in Flint and other locations around the world, GM said. Details about the new V6 engine program will be announced later.

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