General Motors has announced it will invest around $332 million to produce more fuel-efficient engines and transmissions. The cash will be split between four manufacturing facilities, including Bedford, Indiana and Toledo, Ohio, as well as Bay City and Flint, Michigan. The plants will use the funds build a new Ecotec small gasoline engine as well as a new V6 and eight-speed automatic transmission. The cash will also go towards retooling a current six-speed transmissions. Flint will receive the bulk of the investment at $215 million to build the new Ecotec. GM says that engine is part of a new family that will include three and four-cylinder options with displacements ranging from 1.0 to 1.5 liters.

Toledo, meanwhile, will receive $55.7 million to build the new eight-speed automatic, which is expected to show up in multiple GM vehicles by the end of 2016. The plant will also retool to produce the current six-speed auto. Bay City Powertrain, meanwhile, will use $31.7 million to produce components for both the new Ecotec and the new V6 engine, while the Bedford Castings facility will use $29.4 million to build parts for the new eight-speed automatic as well as both engines. Check out the full press release below for more information.
Show full PR text
GM Invests $332 Million for New Fuel-Efficient Powertrains

Brings to $1.2 billion amount of U.S. facility investment announced this year

DETROIT – General Motors Co. will invest nearly $332 million in four manufacturing sites to produce more fuel-efficient engines and transmissions, demonstrating GM's commitment to deliver what customers want: technology-driven performance and fewer trips to the pump.

The investments – announced today at GM plants in Flint and Bay City, Mich.; Toledo, Ohio, and Bedford, Ind. – will support production of a new Ecotec small gas engine, a new V6 engine, 8-speed transmission, and tooling for an existing 6-speed transmission.

GM also is increasing previously announced powertrain investment in plants in Romulus and Saginaw, Mich., to $646 million – an increase of $46 million – to support production of the new V6 engine.

Since 2009, GM has announced nearly $1.8 billion of investments for the six Powertrain facilities.

"We are investing in technologies and manufacturing capabilities that produce high-quality, fuel-efficient vehicles and components for our customers," said Diana Tremblay, vice president of GM North American Manufacturing. "Today's announcement demonstrates GM's commitment to growing the business and strengthening the plant communities where we receive so much support."

Combined, the two investments will retain about 1,650 jobs at the six facilities.

"The selection of these plants and the opportunity for the United Auto Workers to build the next generation of engines and transmissions reflects the great efforts of our work force," said UAW Vice President Joe Ashton, who directs the union's GM department. "This investment goes a long way to ensuring GM remains a marketplace leader and our members can continue to support and share in the company's growth."

GM's newly announced $331.8 million investment includes:

$215 million in Flint Engine Operations for a new small Ecotec gasoline engine, which is part of a new family of engines that includes 3- and 4-cylinder variants with displacements ranging from 1.0 to 1.5 liters. Details of what variants the plant will build will be announced later. The plant will also upgrade tooling for its current V6 engine.

$55.7 million in Toledo Transmission Operations for increased capacity and tooling to produce an all-new, advanced 8-speed automatic transmission and an existing 6-speed transmission. The Toledo-based 8-speed will be used in numerous GM vehicles by the end of 2016.

$31.7 million in Bay City Powertrain including $19.2 million to produce components for a new V6 engine and $12.5 million to produce components for the small Ecotec gasoline engine.
$29.4 million in Bedford Castings including $19 million to produce components for the small gas engine and $10.4 million to produce components for the new 8-speed and existing 6-speed transmissions.

The additional $46 million brings the total to $646 million for the V6 project including:

A $41 million increase to $256 million for Saginaw Metal Castings Operations to produce castings for the new V6 engine.

A $5 million increase to $390 million for Romulus Engine Operations to build the new V6 engines.

The new small Ecotec gasoline engine is part of a global engine family that could top 2 million engines a year by the end of the decade, based on production in Flint and other locations around the world. The new engines will offer improved fuel economy, higher quality, better performance and reduced carbon dioxide emissions.

The 8-speed automatic transmission will assist in improved fuel economy and performance. Details about the new V6 engine program will be announced later.

Since 2009, GM has announced investments of more than $8.5 billion in its U.S. operations - $1.2 billion so far in 2013 – creating or retaining more than 24,700 jobs.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.


I'm reporting this comment as:

Reported comments and users are reviewed by Autoblog staff 24 hours a day, seven days a week to determine whether they violate Community Guideline. Accounts are penalized for Community Guidelines violations and serious or repeated violations can lead to account termination.


    • 1 Second Ago
  • 20 Comments
      • 1 Year Ago
      [blocked]
      brotherkenny4
      • 1 Year Ago
      Too bad they don't just put an honest effort into making the Volt cost effective instead.
        Spec
        • 1 Year Ago
        @brotherkenny4
        They are making such efforts. They are making incremental changes to the model currently in production and they are simultaneous designing a next generation of PHEV technology. I can understand your impatience but they are making an effort.
          Ziv
          • 1 Year Ago
          @Spec
          Spec, I wonder if GM has ever really \"gotten\" what their engineers have built. By making the MSRP $41k for the base Volt in 2010, they handed their enemies a huge stick to beat on the Volt, i.e. \"And it costs way more than $40,000!!!\" GM sold 2,000 of them before they dropped the price, less than 400 of which were base model, so if they had dropped the base price to $39,990, they wouldn\'t have given the Volt bashers a huge stick to beat it with and GM would have made $400,000 less. Yeah they would have had to play with the price of the upgrades but it would have worked. GM should be selling the base Volt for $37.4k for a net price of $29.9k and they should have made that MSRP adjustment last year when they started building Volts at a rate of 3,000 a month. The top Volt dealers are already selling the Volt at a profit for less than that, so what is holding GM back from pricing the Volt in a way that allows it to sell at a faster pace?
          • 1 Year Ago
          @Spec
          [blocked]
      • 1 Year Ago
      [blocked]
      Spec
      • 1 Year Ago
      Go GM, go! Create jobs and improve that economy. BTW, what happened to make it Patriotic for other people to cheer on foreign companies that pay lower wages to US workers?
        scion_tc
        • 1 Year Ago
        @Spec
        Foreign automakers produce in the USA, Engineer in the USA...and don't rely on taxpayers to keep their factories open. Call us when GM can stand on their own two feet without suckling at the taxpayer trough.
      mbukukanyau
      • 1 Year Ago
      Meanwhile Toyota keeps Engineering jobs and powertrain work in Japan and tells us kit assembly in the US makes their cars american.
      2 wheeled menace
      • 1 Year Ago
      So hey... whatever happened to that MUSIC engine, or whatever it was.. the gas motor that could run like a diesel at certain times?
        Dave
        • 1 Year Ago
        @2 wheeled menace
        I believe that would be homogeneous charge compression ignition. http://en.wikipedia.org/wiki/Homogeneous_charge_compression_ignition
        Hazdaz
        • 1 Year Ago
        @2 wheeled menace
        HCCI
          OptimusPrimeRib
          • 1 Year Ago
          @Hazdaz
          It's actually making some strides. Diesel take rates are dropping seeing that gas powered engines are getting more efficient.
      John Jeffery
      • 1 Year Ago
      All the Retirees in Canada love to get something out of the billions in their hard earned Retirement as 90,000 in Canada depend on the Pension Cost of Living taken away in 2008 by the Corporation as it is the indirect Parent Company of General Motors of Canada limited 100% owned Privatly owned Canadian Company from 1918 in Superior Court of Ontario Documents pointed out in two Class action Law Suits 2009
      John Jeffery
      • 1 Year Ago
      I love to see GM getting the Moves back on line as it forgot the Workers when in the 90's it went out of Manufacturing and rid itself of all the workers as equipment and forgetting that equipment bought cars most built in pride.
    • Load More Comments
    Advertisement
    2014 Jeep Cherokee
    MSRP: $22,995 - $30,095
    2015 Mercedes-Benz E-Class
    MSRP: $51,800 - $103,200
    2014 Chevrolet Cruze
    MSRP: $17,520 - $24,985