GM to invest $ 4 billion into US factories, move Mexico

Detroit – General Motors Plans to invest $ 4 billion in three US factories, including relocation or increase in the production of two Mexican vehicles for US factories.

The Detroit Auto, Detroit announced plans on Tuesday, as there were few progress in trade negotiations between Trump administration and Mexican leaders. Earlier this year the president Donald Trump realize 25% tariffs on imported vehicles and 25% of tariffs on many auto parts imported in the US

Gm swill help investment will add the Blazer and Chevrolet Equinox Chevrolet. assumed to build all electric trucks -In SUV and trucks operating on gas in 2027.

GM refused to discuss the future of the Ramos Arizpe plant, which is currently producing vehicles in Mexico. A source familiar with the plans said the production of Blazer will completely move to the US from Mexico, while the equinox production is expected to be a supplement to the Mexican plant, which will also produce in other markets.

Investments and steps are likely to be recognized as a victory for Trump’s policy and automobile tariffs that came into force for imported vehicles in April and numerous auto parts in May.

“We believe said in the release. “Today’s announcement demonstrates our constant commitment to build vehicles in the US and support US jobs. We focus on giving customers a choice and offer a wide range of vehicles they love.”

According to the automaker, the new investment, which will take place by 2027, will give GM the opportunity to collect more than two million cars a year in the US.

GM said its assembly Fairfax in Kansas would add production of Chevrolet Equinox, which runs on gas since mid -2017. CHVROlet Blazer will be added at Spring Hill in Tennessee since 2027, the company reports.

A car in Detroit said that 2025 Guide to Capital It invariably changes at $ 10 to $ 11 billion. But he believes that the annual capital costs within $ 10 to $ 12 billion by 2027.

GM analyzes its North American production trail for a few months against the background of tariffs, and executives say they are not going to make any decisions – instead make an “expectation” approach – until they receive additional clarity in regulatory conditions, including car fees.

St. Financial Director Pavel Jacobson stated at the end of last month during the event at Bernstein that the tariffs would probably not be “as bad as he reacted to the market”. He said that potential trade deals with other countries and the automaker’s ability to mitigate some tariff costs were promising features.

Previously, the Detroit Automobile said that it was expected to be Able to offset from 30% to 50% From the North American tariffs, without deploying any capital in the short period.

CEO GM Mary Bar During the event, Bernstein stated that the company “is going to see us very stable and, again, strengthen our business when we move forward – in some cases use the opportunities if vehicles are so successful.”

It seems that these opportunities include distracting additional electric costs. Expected that plant Orion Collection Second EV-Exclusive Plant In the US