General Motors has announced that it will invest USD691m for its manufacturing operations in Mexico – at Silao, San Luis Potosi and Toluca – to build higher performing, more fuel-efficient powertrains.
“GM is about to reach 78 years in Mexico and we celebrate it with this new investment, which means more employment and development opportunities for the regions of Silao, San Luis Potosi and Toluca; and more advanced technology that will benefit our customers,” said Ernesto M. Hernandez, president and managing director of General Motors de Mexico.
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“The quality of our employees’ work continues transcending borders, allowing us to continue attracting investment to maintain a strong production of vehicles, engines and transmissions of outstanding quality for our customers around the world.”
The investment includes a new transmission plant and a new generation of 8-speed transmissions, which GM says will offer improved performance and fuel efficiency.
