""It's good news, really, for the United States. We're able to give customers what they want with the increased capacity. At the same time, we'll continue to invest in our workforce.""
""The demand for EVs didn't go as quickly as we thought it was going to be, so we're kind of shifting back to make sure we give them the ICE vehicles. We'll continue to give people what they want.""
""GM's US deliveries show sharp declines across several electric models in the first quarter, including an 82% drop in Blazer EV sales and a 41% year-over-year decline in Silverado EV deliveries.""
General Motors is investing $340 million in its US plants to increase production of gas-powered vehicle components. This investment will enhance the output of internal combustion engine vehicles, including 10-speed transmissions and engine parts, at facilities in Romulus, Michigan, and Toledo, Ohio. GM has invested over $6 billion in US manufacturing in the past year. The company is shifting focus back to gas-powered vehicles due to slower-than-expected electric vehicle sales, with significant declines in deliveries of several electric models in the first quarter.
Read at www.businessinsider.com
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