GM Announces $4 Billion Investment to Make More Gas-Powered Vehicles

General Motors is investing about $4 billion in U.S. manufacturing to expand production of internal combustion engine vehicles amid slower-than-expected electric vehicle sales.

On June 10, the Detroit automaker announced plans to expand finished vehicle production at facilities in Michigan, Kansas, and Tennessee. In a statement, GM said those upgrades will allow those three production facilities to increase their combined output by about 2 million vehicles annually.