Automotive Industry

GM to invest $1 billion in U.S. factories and create or keep 7,000 jobs here

GM to invest $1 billion in U.S. factories and create or keep 7,000 jobs here

General Motors Co. plans to invest $1 billion in U.S. factories and add thousands of new white-collar jobs, measures that have been in the works for years but were announced Tuesday after criticism from President-elect Donald Trump.

In all, the Detroit automaker said it will create or keep 7,000 jobs in the next few years, including about 2,000 at factories. An additional 5,000 positions will be created at its auto financing arm and to develop advanced technology, electric and autonomous vehicles and information technology.

Trump has demanded that the auto industry build more cars in the U.S. GM said the actions announced Tuesday have been in the works since well before the...

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