PHOTO CAPTION: GM worker installs door on Chevrolet Volt at Hamtramck assembly plant.

GM Expected to Announce Major Investment in 2016 Volt

While unconfirmed, Detroit News reports General Motors will announce this week plans to invest some $450M in its Volt assembly facilities, as well as add up to 1,400 jobs.

Published: 07-Apr-2014

General Motors Co. on Tuesday is expected to announce it will add 1,400 jobs and invest about $450 million at its Detroit-Hamtramck Assembly Plant and Brownstown Township battery assembly facility, according to four sources familiar with the automaker’s plan.

The announcement is expected to include adding a second shift at the Detroit-Hamtramck plant and investing to build a redesigned plug-in hybrid Chevrolet Volt, according to sources. One source, who asked not to be identified because the plans have not been made public, said the second shift would be added next year. Another source said the investment also is focused on battery technologies.

GM’s vice president of North America manufacturing, Gerald Johnson, is slated to make the announcement during the Automotive Press Association lunch Tuesday in Detroit. Detroit Mayor Mike Duggan and Gov. Rick Snyder have been invited to attend the event, which in an invitation says GM will talk about its “ongoing investment to maintain its technology leadership.”


GM CEO Dan Akerson climbs into Chevrolet Volt after testifying before Congress.

Ken Silverstein says that e-drive cars need a 'jumpstart' and it shouldn't be unexpected that joint government and private partnerships are needed to move the technology forward.

GM's executive director of Global Research and Development Gary Smyth.

Jeff Cobb links together a series of GM executives' statements and speculates that the auto giant isn't resting on its laurels when it comes to more powerful electric car batteries.

Lease deal includes $2,399 down payment with a $269 monthly payment for a 36-month lease.

Price cuts come in the form of incentives of as much as $4,000 for those buying 2013 Volts and up to $5,000 for 2012 Volts.


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