GM to Reduce Tariff Impact With $5b Pivot From Mexico to US

General Motors (GM) plans to invest US$4 billion (S$5 billion) in its US plants over the next two years to boost output of some of its top-selling petrol-powered vehicles as the company works to manage President Donald Trump's tariffs.

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DETROIT -

The move will expand finished vehicle manufacturing at factories in the US states of Michigan, Kansas and Tennessee, GM said on June 10 in a statement.

The auto giant will shift production of several top-selling models, including its very profitable Chevrolet Silverado and GMC Sierra pick-up trucks and the Chevrolet Equinox sport utility vehicle, to factories in the US from Mexico.

GM plans to add between 3,000 and 4,000 US jobs when all production is in place, a spokesman said.

Taken together, the investments will allow GM to produce more than two million vehicles in the US each year.