GM invests $220 million in Ohio plants
Automaker updating plants and preserving jobs to build next generation Chevy Cruze.
General Motors Co.
machinery and equipment
DETROIT—General Motors (GM) says it is investing $220 million at two Ohio factories to build the next generation Chevrolet Cruze compact car.
The investment will go towards funding new equipment and preserving more than 5,000 jobs at factories in Lordstown, Ohio, and Parma near Cleveland, the company says.
GM says the new Cruze will get fresh styling, a nicer interior and better gas mileage than the version on sale now. The Cruze now gets 14.9 to 17.8 kilometres per litre on the highway depending on engine and transmission.
GM wouldn’t say when production of the new Cruze will start. The compact is GM’s second-best selling car with nearly 129,000 sold so far this year.
The Lordstown factory complex has built 500,000 Cruzes since production began in September of 2010.
©The Canadian Press