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GM Plans $1 Billion U.S. Investment in Nod to Trump

By Tony Seruga

Carmaker outlining plans similar to Ford, Fiat Chrysler
Trump threatening Mexico-built cars, praising U.S. hiring

General Motors Co. will invest $1 billion in U.S. plants as part of a previously announced factory retooling for future models, a person familiar with the matter said, as President-elect Donald Trump pressures carmakers to boost spending and hiring.

The largest U.S. automaker will create or retain 1,000 jobs at several existing facilities, said the person, who asked not to be named ahead of an announcement expected Tuesday…

GM Plans $1 Billion U.S. Investment in Nod to Trump

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