GM to invest more than $500 mln in Texas plant for future SUVs

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GM to invest more than $500 mln in Texas plant for future SUVs
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General Motors said Thursday it will invest more than $500 million in its Arlington, Texas assembly plant to prepare it for production of next-generation internal combustion engine full-size SUVs.

said Thursday it will invest more than $500 million in its Arlington, Texas assembly plant to prepare it for production of next-generation internal combustion engine full-size SUVs.

On Monday, GM said it plans to invest more than $1 billion to re-tool two manufacturing sites in Flint, Michigan to prepare for a new generation of its internal combustion engine heavy-duty trucks. GM, which has vowed to end production of gasoline-powered vehicles by 2035, said the Texas announcement highlights the company’s commitment to continue providing customers with a strong portfolio of vehicles for years to come."

GM paid $128.2 million in fines for failing to meet Corporate Average Fuel Economy program requirements for 2016 and 2017,The EPA in April proposed requiring a 56% reduction in projected fleet average emissions over 2026 requirements.

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