GM to lend its auto factories to support production of ventilators in coronavirus fight

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GM to lend its auto factories to support production of ventilators in coronavirus fight
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General Motors on Friday announced it will lend its auto factories to support Ventec Life Systems' production of ventilators in the fight against the coronavirus pandemic.

Ventec said it is planning to "leverage GM's logistics, purchasing and manufacturing expertise" to build ventilators.

"We are working closely with Ventec to rapidly scale up production of their critically important respiratory products to support our country's fight again the COVID-19 pandemic," GM CEO Mary Barra said in a statement. "We will continue to explore ways to help in this time of crisis." "With GM's help, Ventec will increase ventilator production," said Ventec Life Systems CEO Chris Kiple in a statement. "By tapping their expertise, GM is enabling us to get more ventilators to more hospitals much faster. This partnership will help save lives."

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