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GM Makes Final $5.8B Payment to US and Canada; Investing $257M in Fairfax and Hamtramck Plants for Next-Gen Malibu

Green Car Congress

General Motors Company Chairman and CEO Ed Whitacre announced that GM has made its final payment of $5.8 GM also announced an investment of $257 million at its Fairfax, Kansas, and Detroit Hamtramck assembly centers. The Fairfax plant currently builds two of GM’s strongest selling cars, the Chevy Malibu and Buick LaCrosse.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

General Motors Corporation. General Motors Corporation. Construction of US manufacturing capabilities to produce the second-generation GM global rear-wheel electric drive system. Outfitting of a high-volume manufacturing facility to build DC Bus Capacitors for the electric drive vehicle industry. Technology.

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