Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Next Webinar (7/17): Technologies for your equipment financing business
    • Webinar Library
Log In
No Result
View All Result
  • Dealers
  • Lenders
  • Transportation
  • Agriculture
  • Construction
  • Materials Handling
  • Rentals
  • Compliance
  • Data Analysis
Equipment Finance News
  • News
  • Event
  • Data
  • Features
  • Lender Directory
  • PodcastNew
  • WebinarsNew
    • Next Webinar (7/17): Technologies for your equipment financing business
    • Webinar Library
No Result
View All Result
Equipment Finance News
No Result
View All Result

GM to invest $4B in U.S. Manufacturing to expand vehicle production

GM's capital spending guidance for 2025 remains unchanged at $10B to $11B

Equipment Finance News, AI AssistedbyEquipment Finance News, AI Assisted
June 11, 2025
in Transportation
Reading Time: 1 min read
0
Share on FacebookShare on LinkedIn

General Motors announced it will invest $4 billion over the next two years to expand production capacity at its U.S. manufacturing plants, boosting annual domestic vehicle assembly to more than 2 million units.

The investment will support both gas-powered and electric vehicle output, with additional funding already committed to General Motors (GM)’s Tonawanda Propulsion plant in New York for next-generation V-8 engine production, according to a June 10 GM release. Facilities in Michigan, Kansas and Tennessee will see increased production of top-selling models.

Orion Assembly will begin producing gas-powered SUVs and pickups in 2027, while Factory ZERO will become the dedicated plant for GM’s electric pickups and SUVs, according to the release. Fairfax Assembly will add the gas-powered Chevrolet Equinox and the 2027 Chevrolet Bolt EV, with future EV investments planned. Spring Hill Manufacturing will expand to build the Chevrolet Blazer alongside Cadillac’s EV lineup.

The expansion underscores GM’s commitment to U.S. manufacturing, where it operates 50 facilities across 19 states and supports nearly 1 million jobs through employees, suppliers and dealers, according to the release. GM continues to lead in full-size SUV and pickup sales and recently became the No. 2 EV seller in the United States, with Chevrolet ranked as the fastest-growing EV brand.

Capital spending guidance for 2025 remains unchanged at $10 billion to $11 billion, with projected annual investments of $10 billion to $12 billion through 2027.

Tags: commercial financingelectric vehiclesequipment financeGeneral Motors
Previous Post

Deere eyes Brazil machinery sales beating Europe in coming years

Next Post

Compliance challenges dog equipment lenders, dealers

Related Posts

Freight truck moves on the road at sunny day time.
Transportation

Used Class 8 truck prices spike 10.4% YoY

July 29, 2025
Traton Financial revenue rises 14% despite parent’s sales slip
Transportation

Traton Financial revenue rises 14% despite parent’s sales slip

July 25, 2025
Ryder rental revenue slips 2% in Q2
Transportation

Ryder rental revenue slips 2% in Q2 

July 24, 2025
Next Post
software compliance

Compliance challenges dog equipment lenders, dealers

Proud Member Of

Check Out Our Industry Event

Stay Informed With Our 8 Newsletters

The Dig Podcast

Dealer Operations

Lumber stacked inside a Home Depot store in Colma, California, US, on Friday, May 30, 2025. The US Census Bureau is scheduled to release durable goods orders figures on June 3.

Core capital goods orders slip in June amid tariff uncertainty

July 28, 2025
Online documentation database and document management system concept. businesswoman working on laptop with virtual screen. process automation to efficiently manage files.

Tamarack Technology launches wholesale financing tool for dealers

July 28, 2025
A farmer operates a Deere & Co. combine to harvest soybeans in Ita, Sao Paulo state, Brazil, on Wednesday, Feb. 24, 2021. The impact of Brazils late soybean harvest has hit the roads of the nations northern export route, ensnaring truckers in long lines and threatening further delays ofshipmentsto China.

Used farm equipment inventory sinks despite late-model woes

July 23, 2025
  • About Us
  • Advertise
  • Contact Us
  • Privacy Terms
  • ADA Compliance

 Manage Cookie Consent

Connect with us

© 2025 Royal MediaRoyal Media

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • All News
    • Dealers
    • Lenders
    • Transportation
    • Agriculture
    • Construction
    • Material Handling
    • Rentals
    • Compliance
    • Data Analysis
  • Event
  • Data
  • Features
  • Lender Directory
  • Podcast
  • Webinars
    • Webinar Library

© 2025 Royal MediaRoyal Media

THIS WEBSITE USES COOKIES

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “I CONSENT”, you consent to the use of ALL the cookies.

Cookie settingsI CONSENT

Review our Cookie Policies
.
Manage Cookie Consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
Save & Accept