GM to invest more than $1 billion to produce new heavy-duty pickups

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GM to invest more than $1 billion to produce new heavy-duty pickups
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Despite GM's commitment to exclusively offer all-electric vehicles by 2035, the company continues to invest in traditional vehicles such as heavy-duty pickups.

General Motors plans to invest more than $1 billion in two Michigan plants for production of next-generation heavy-duty trucks, the company said Monday.

The notably profitable trucks are in high demand, and sales are needed to assist in funding the automaker's investments in EVs.Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan.plans to invest more than $1 billion in two Michigan plants for production of next-generation heavy-duty trucks, the company said Monday.

The notably profitable trucks are in high demand, and sales are needed to assist in funding the automaker'sIn 2022, GM reported sales of its heavy-duty pickups increased by 38% compared to the prior year, amounting to nearly 288,000 trucks sold.

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