According to a report from The New York Times, Justice Department investigators determined there was criminal wrongdoing in General Motors’ failure to disclose a defect with certain ignition switches.
A big part of the expansion will be a new paint shop that will stretch half the length of the plant.
The multiyear project is expected to create approximately 2,600 new jobs in core areas like product engineering, IT and design, all areas critical to support future business growth.
Mayor Jim Fouts has said that an unnamed business is considering a $1 billion investment that could create 3,000 jobs, but neither he nor GM has confirmed it involved the automaker.
The families of at least 100 people who died in crashes caused by faulty General Motors ignition switches will be offered compensation by the company.
General Motors is about to make a huge investment improving its auto plants in Michigan and beyond.
General Motors CEO Mary Barra’s compensation more than tripled in 2014 to $15.8 million in her tumultuous first year in the automaker’s top job.
GM was helped by strong sales of SUV’s and pickups, which are its most profitable products.
Fouts spoke of a future one billion dollar investment in the city of Warren without naming the corporation.
U.S. auto sales slowed down a bit in March, but the industry remains optimistic about the market.