Towns in Tennessee, Michigan, and Wisconsin are all vying for a chance to keep their existing plants running by coming up with the most attractive package to woo assembly rights for a future unnamed General Motors small car. In the showdown, the first place plant will win the right to stay open, while the other two will be consigned to history. Last week, officials from Spring Hill, Tennessee said that The General was allegedly looking for over $200 million in upfront cash as part of any deal.
Provided that it survives bankruptcy, General Motors plans to build a small car somewhere in the US. The General has stated that it is investigating three sites to build the yet unnamed vehicle; Janesville, Wisconsin; Orion, Michigan; and Spring Hill Tennessee. GM previously announced that all three facilities would close, though it subsequently said that one location would ultimately reopen.
We're not sure what's going to be produced there, but GM is investing $225 million in their Spring Hill, Tennessee Saturn plant. The Ion and Vue are currently built in Spring Hill, but production of those vehicles will be ceasing in March 2007. Once the plant is cleared of vehicles, the paint shop will go under the knife and be renovated for future vehicle production. The goal of the paint shop upgrades is to accomodate any size vehicle GM plans to build. These plans hinge on GM securing incenti