GM gets tax breaks from Flint for new Volt engine plant

As we stated a few months ago, automakers always get tax credits from cities in an effort to get them to build new plants or retool existing plants. As we know, the upcoming Chevy Volt is likely to be assembled in the Detroit-Hamtramck assembly plant where the Buick Lucerne and Cadillac DTS are currently built. As you may expect, those two models might not last too much longer, so the Volt is very important to the Detroit factory. The engine for the Volt, though, is expected to be built in a new facility which will be located near the existing Flint Engine South and Flint Truck plants, also in Michigan. Fortunately for the city, some three-hundred jobs will be saved. That engine will be a 1.4-liter four cylinder and should also make an appearance under the hood of the next Chevy compact, the Cruze, in turbocharged form. The total sum which GM will invest is $359 million and the plant will cover some 530,000 square-feet.

[Source: The Detroit News]