“Today we are announcing significant investments in Flint to strengthen our industry-leading full-size pickup business by preparing two plants to build the next-generation ICE HD trucks,” said GM’s Gerald Johnson, executive vice president, Global Manufacturing and Sustainability. “These investments reflect our commitment to our loyal truck customers and the efforts of the dedicated employees of Flint Assembly and Flint Metal Center.”
With this latest investment, General Motors says the total investments into US manufacturing and parts distribution facilities total more than $30.5 billion since 2013. The latest cash injection will certainly pay off for the automaker, as trucks are a big money maker. Last year, sales of HD pickups increased 38% year-over-year, with nearly 288,000 trucks sold.
It may seem odd for a company to pour money into gas-guzzling trucks, especially as GM aims to be emissions-free by 2035. But there’s a good reason for this investment.