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June 12, 2025

GM to invest $4B to shift some production to the US

  • The new investment will give GM the ability to assemble more than 2 million vehicles per year in the U.S.
    • By MICHELLE CHAPMAN
    AP Business Writer

    Shares of General Motors rose before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher.

    President Trump signed executive orders in April, relaxing some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers.


     
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