Investment includes a $600 million paint shop at Flint Truck, and new transmission and engine project at Romulus Powertrain.
The December holiday season normally is a good time to buy as dealers clear out old models and sales people feel pressure to meet year-end targets.
The complex now recycles, reuses or converts all its daily waste to energy, with efforts at the Renaissance Center keeping 5 million pounds of trash annually from landfills
General Motors announced Tuesday that the GM Renaissance Center, the six-tower office complex that dominates Detroit’s skyline and has its own ZIP code, now recycles, reuses or converts all its daily waste to energy, sending zero to landfills.
It’s the first time a woman has ever been named CEO of a car company.
The U.S. government ended up losing $10.5 billion on its bailout of General Motors, but still says the alternative would have been much worse.
The federal government’s 2008-09 bailout of General Motors and Chrysler actually saved the country $92 billion, a 768 percent return on the government’s investment.
“You absolutely can’t smell it,” says company spokeswoman Stephanie Jentgen.
The U.S. Army Tank Automotive Research, Development and Engineering Center will host a ribbon-cutting ceremony at 8 a.m. Dec. 16 to start hydrogen fuel cell testing with GM at the U.S. Army’s new Ground System Power and Energy Laboratory.
Compuware Corp. added two new board members Thursday.