GM also says it will take $1.3 billion first quarter charge to pay recall related costs.
A design for the site, which is being called Chevy Commons, is being presented to the public on Thursday.
Johnson wouldn’t confirm earlier reports that this investment would mean 1,400 new jobs, and a second shift at Detroit-Hamtramk.
Members of a Senate subcommittee accused General Motors of trying to cover up problems with an ignition switch that is now tied to 13 deaths.
Panel members also told CEO Mary Barra that GM should tell owners to stop driving all the 2.6 million cars being recalled
Mary Barra frustrated lawmakers by fending off questions, saying she didn’t know why GM waited more than a decade to recall cars it knew had defective ignition switches.
Feinberg, an expert in disaster fund management, handled the Sept. 11 Victim Compensation Fund as well as funds for victims of the Boston Marathon.
General Motors’ recall issues are taking the spotlight on Capitol Hill.
Chrysler sales jump 13 percent. Industry sales expected to rise around three percent.
As the deaths are tallied from General Motors’ delayed recall of compact cars, one thing is becoming clear: Of those killed, the majority were young.