GM investing $3 billion to produce all-electric trucks, autonomous vehicles

URLhttps://www.cnbc.com/2020/01/27/gm-investing-3-bil
Source CNBC
Date Published01/27/2020
Author Name Michael Wayland
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name GM
Parent companyGeneral Motors Company
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):2200
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):3000
City reshored to:Detroit
State(s) reshored to:MI
If relevant, work nearshored to:-
Industry(ies):Transportation Equipment
Product(s) reshoredall-electric trucks, SUVs, autonomous vehicle
What domestic positive factors made reshoring more attractive?Under-utilized capacity
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