Sal Collaziano
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Filed under: Sedan, Plants/Manufacturing, Chevrolet, GM
We first heard that General Motors might add production of the next-generation Chevrolet Malibu to its Detroit-Hamtramck Assembly plant back in December, and that news has been confirmed today. GM Chairman Ed Whitacre held a press conference this morning at which he announced the automaker had paid back the remaining $5.8 billion owed to the U.S. and Canadian governments a full five years ahead of schedule. He made the announcement at the company's Fairfax plant in Kansas that currently builds the Chevrolet Malibu and Buick LaCrosse, a perfect venue to announce new plant investments for the next generation Malibu.
GM will spend a total of $257 million to get both the Fairfax and Detroit-Hamtramck plants ready for the new Malibu. The Kansas City plant will receive a $136 million investment and be the new car's primary production site, while $121 million will be spent tooling up the Detroit plant to build the 2012 Malibu alongside the Chevrolet Volt.
The Detroit-HHamtramck plant currently builds the Cadillac DTS and Buick Lucerne, both of which are expected to end production some time in the next year. The Lucerne will likely be dropped from the lineup and the DTS will be replaced by the Cadillac XTS, which will likely be built in Oshawa.
[Source: Automotive News, sub. req.]Continue reading GM investing $257M in Fairfax and Detroit plants to build next-gen Malibu
GM investing $257M in Fairfax and Detroit plants to build next-gen Malibu originally appeared on Autoblog on Wed, 21 Apr 2010 11:30:00 EST. Please see our terms for use of feeds.
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We first heard that General Motors might add production of the next-generation Chevrolet Malibu to its Detroit-Hamtramck Assembly plant back in December, and that news has been confirmed today. GM Chairman Ed Whitacre held a press conference this morning at which he announced the automaker had paid back the remaining $5.8 billion owed to the U.S. and Canadian governments a full five years ahead of schedule. He made the announcement at the company's Fairfax plant in Kansas that currently builds the Chevrolet Malibu and Buick LaCrosse, a perfect venue to announce new plant investments for the next generation Malibu.
GM will spend a total of $257 million to get both the Fairfax and Detroit-Hamtramck plants ready for the new Malibu. The Kansas City plant will receive a $136 million investment and be the new car's primary production site, while $121 million will be spent tooling up the Detroit plant to build the 2012 Malibu alongside the Chevrolet Volt.
The Detroit-HHamtramck plant currently builds the Cadillac DTS and Buick Lucerne, both of which are expected to end production some time in the next year. The Lucerne will likely be dropped from the lineup and the DTS will be replaced by the Cadillac XTS, which will likely be built in Oshawa.
[Source: Automotive News, sub. req.]Continue reading GM investing $257M in Fairfax and Detroit plants to build next-gen Malibu
GM investing $257M in Fairfax and Detroit plants to build next-gen Malibu originally appeared on Autoblog on Wed, 21 Apr 2010 11:30:00 EST. Please see our terms for use of feeds.
Permalink | Email this | Comments
Read More...