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General Motors has announced it will invest around $332 million to produce more fuel-efficient engines and transmissions. The cash will be split between four manufacturing facilities, including Bedford, Indiana and Toledo, Ohio, as well as Bay City and Flint, Michigan. The plants will use the funds build a new
Ecotec small gasoline engine as well as a new V6 and eight-speed automatic transmission. The cash will also go towards retooling a current six-speed transmissions. Flint will receive the bulk of the investment at $215 million to build the new Ecotec. GM says that engine is part of a new family that will include three and four-cylinder options with displacements ranging from 1.0 to 1.5 liters.
Toledo, meanwhile, will receive $55.7 million to build the new eight-speed automatic, which is expected to show up in multiple GM vehicles by the end of 2016. The plant will also retool to produce the current six-speed auto. Bay City Powertrain, meanwhile, will use $31.7 million to produce components for both the new Ecotec and the new V6 engine, while the Bedford Castings facility will use $29.4 million to build parts for the new eight-speed automatic as well as both engines. Check out the full press release
below for more information.
Continue reading GM announces $332M investment into eco-minded powertrains
GM announces $332M investment into eco-minded powertrains originally appeared on
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Official: GM announces $332M investment into eco-minded powertrains
