I was at the autoshow today. I like the new GMC better than the new Chevy. The Ford concept pickup? It was a concept vehicle - trying to keep potential buyers interested for what will be a year + wait. Dumb (or desperate).
General Motors Co. (GM), which plans to introduce about 20 new vehicles in the U.S. this year, will invest $1.5 billion in North America factories in 2013, Mark Reuss, the company’s regional president, said yesterday.
GM is replacing 70 percent of its U.S. line up over a year and a half, including 13 new Chevrolets this year. The Detroit- based automaker is displaying the redesigned Silverado pickup and Corvette sports car at the North American International Auto Show in Detroit.
The Detroit-based automaker has announced investments of more than $10.2 billion in North American factories since July 2009, Reuss said yesterday during a presentation at the Automotive World News Congress in Detroit.
Meanwhile, GM has found ways to save “thousands of dollars” in the cost of building the next generation Chevrolet Volt through a vehicle platform designed specifically for batteries, Reuss said.