General Motors’ (GM) announcement that it will invest about $4 billion over the next two years in its domestic manufacturing plants to increase U.S. vehicle production rings a bell for improvements it announced almost two years ago.
The investment, announced in June, will allow GM to assemble more than two million vehicles a year in the U.S., according to GM News. (RELATED: General Motors Quietly Backs Off Plans To Go All-Electric)
GM said plants in Michigan, Kansas and Tennessee will “expand finished vehicle production” of GM’s most popular vehicles: Orion Assembly, in Orion Township, Michigan, Fairfax Assembly in Kansas City, Kansas, and Spring Hill Manufacturing in Spring Hill, Tennessee.
“We believe the future of transportation will be driven by American innovation and manufacturing expertise,” said Chair and CEO Mary Barra in GM’s statement. “Today’s announcement demonstrates our ongoing commitment to build vehicles in the U.S. and to support American jobs.”
The statement comes after President Donald Trump announced the enactment of a 25 percent tariff on imports of automobiles and certain automobile parts in March.
GM said it slashed its profit forecast for 2025 by over 20 percent in May, and that the tariffs will increase its costs by $4 billion to $5 billion in 2025, according to the New York Times.
GM’s history of investing in domestic manufacturing stretches further than Trump’s tariffs.
GM committed to investing $13 billion in its U.S. facilities as part of its agreement with the Union Auto Workers (UAW) to end their 2023 strike, according to Bloomberg.
“GM is investing $4 billion at its Orion Assembly plant outside Detroit toward future vehicles, the union said Saturday,” Bloomberg reported in 2023. “The automaker will also invest $2 billion in its electric-vehicle assembly plant in Spring Hill, Tennessee, where the company already makes the Cadillac Lyriq EV.”
The Daily Caller asked GM whether their newly announced investment is in addition to the previous one, but has not received a response as of publication.
GM is not the first company to announce major investment plans.
John Deere said in May that they plan on investing $20 billion in America over the next decade. (RELATED: John Deere Announces $20 Billion Plan To Build Up American Manufacturing)