I think that GM is taking actions needed to meet its stated goal to maintain Chevrolet as the "Internal combustion brand" moving forward.
History is instructive: GM Poured 270 million into Norwood between 1981 and 1982 only to shut it down and demolish the plant between 1987 and 1989. Given that the US Dollar has lost 72% of its value by 2023 -- adjusted for inflation the real value of the Norwood modifications then would be a cool Billion today.
So the investments are pretty modest by comparison to how GM threw money away in the past.
Flint Engine Operations: $579 million to prepare the plant to assemble GM’s sixth generation family of Small Block V-8 gas engines along with the related block, crank and head machining. Work at the facility will begin immediately. Flint will continue building the 3.0L turbo-diesel during the facility renovations. GM’s 3.0L diesel is used in a variety of light-duty truck applications.
Bay City GPS: $216 million to prepare the facility to build camshafts, connecting rods and block/head machining supporting future V-8 production at Flint Engine Operations. The plant builds engine components for Chevrolet, Buick, GMC and Cadillac vehicles.
Defiance Operations: $55 million total investment. $47 million to prepare the facility to build a variety of block castings to support future V-8 engine programs. $8 million to build a casting development cell for castings to support future EV strategies.
Rochester Operations: $68 million total investment. $12 million will be invested to prepare the facility to build intake manifolds and fuel rails for the future V-8 production at Flint Engine Operations. $56 million for the production of battery pack cooling lines for EV production.
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