Latest GM investments in US in line with slowing EV demand: exec

New York (AFP) June 11, 2025
General Motors' latest $4 billion investment into US factories in light of tariffs fits with the auto giant's shift towards slower growth of electric vehicles, a top GM executive said Wednesday. GM late Tuesday announced plans to invest $4 billion over two years to expand production of plants in Michigan, Kansas and Tennessee, making use of unused capacity in its home market as President Don