GM invested a large amount in the production of trucks.

GM invested a large amount in the production of trucks.

June 2, 2019 0 By autotimesnews

According to official data, the American concern spent an amount of $ 24 million for the development of a plant in Indiana (USA). Chevrolet Silverado 1500 and GMC Sierra 1500 pickups are assembled at the facilities of this company.

When the American concern General Motors announced details of the financial results of its first quarter, he was more than happy to talk about a significant increase in demand for pickups Chevy Silverado and GMC Sierra 1500 2019 model year with a crew cab (4 doors). Two full-size pickup companies can boast an increase in sales of 20% compared with the first quarter of 2018.

That is why this week’s announcement that GM’s intention to increase the production of these two pickups did not come as a surprise.

The size of the investment is 24 million dollars – the assembly plant of the concern in the United States will be significantly upgraded with this money, where the above pickups with crew cab are assembled.[IP]&ua=[UA]&domain=[DOMAIN]&page=[PAGE]&secure=[SECURE]&language=[BROWSER_LANGUAGE]&bidfloor=[BIDFLOOR]&gdpr_consent=[GDPR_CONSENT]

Mary Barra, chairman and CEO of GM, said that the company is already assembling Chevy and GMC crew cab pickups in record volume, and these investments will allow the concern to further increase the number of pickups produced to meet high demand. Two trucks went on sale in the second half of 2018, and in the first quarter of 2019, deliveries of crew cab versions began.

 GM notes that the plant will be upgraded this summer. The total investment in this enterprise is more than $ 1.2 billion since 2015.