AP Source: GM to announce $1B factory investment, new jobs
DETROIT - A person briefed on the matter says General Motors will announce a $1 billion investment in its factories that will create or keep around 1,000 jobs.
The investment will be announced Tuesday. The person tells The Associated Press that the investment is part of the normal process of equipping factories to build new models, and it's been planned for months. The person didn't want to be identified because the announcement hasn't been made yet.
The person also says multiple factories will see investment, but GM won't say where the new jobs will go.
President-elect Donald Trump has attacked GM and other automakers for building vehicles in Mexico and shipping them to the U.S.
Trump has threatened to tax GM for importing the compact Chevrolet Cruze. While GM builds hatchback Cruzes in Mexico, most Cruze sales are Ohio-built sedans.
Desktop NewsClick to open Continuous News in a sidebar that updates in real-time.
One dead, another injured after South 15 Street shooting
Lawmakers prepare for third special session this year
Parkview Baptist teen preps for national rodeo
Dangerous hole in Zachary neighborhood posing serious threat, residents concerned
Power restored after storms pound East Baton Rouge again Friday
Temeka Johnson basketball camp about more than the game
Saints looking to fill backfield void during Ingram's 4-game absence
Saints RB Mark Ingram says he's 'not angry' with his contract
Sean Payton's coaching style propels him into 13th year with Saints
New coach excited to change basketball culture at Southern