By Joseph White
DETROIT (Reuters) – Common Motors Co (N:) is predicted to announce on Tuesday vital investments to broaden manufacturing of electrical autos at a manufacturing facility in Spring Hill, Tennessee and doubtlessly different websites.
GM mentioned in an announcement Monday that it deliberate to make a “main U.S. manufacturing funding announcement” on Tuesday. The Detroit Information reported that the automaker deliberate to start constructing the Cadillac Lyriq electrical SUV at its Spring Hill, Tenn. plant. AutoForecast Options, which tracks business manufacturing plans, mentioned it expects the Lyriq to enter manufacturing in late 2022.
GM might transfer manufacturing of autos to different vegetation, leading to new investments in different areas. AutoForecast Options mentioned it expects some electrical automobile manufacturing can even be introduced for a manufacturing facility in Mexico.
The automaker’s plans for investing in U.S. factories comes with two weeks left within the U.S. presidential election marketing campaign. U.S. President Donald Trump and Democratic rival Joe Biden are competing for help from auto employees in Midwestern swing states.
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