Jan 16, 2017

GM to spend $1 billion on U.S. factories

The investments in several factories could create more than 1,000 jobs. The WSJ has the scoop and says the move is " aimed at underlining its commitment to U.S. manufacturing jobs in the wake of President-elect Donald Trump's criticism of the auto maker's imports from Mexico."

Not so, says the company: "This is something we've been undertaking for some period of time," GM general counsel Craig Glidden told the paper.

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