From the BBC:
Quote:
General Motors (GM) has announced plans to invest $2bn in the US.
The decision will secure 4,000 jobs at 17 plants across the country for the next 18 months, according to chief executive Dan Akerson.
"We are doing this because we are confident about demand for our vehicles and the economy," he said, speaking at a factory in Toledo, Ohio.
It comes a week after the US carmaking giant reported first quarter profits that had tripled versus a year ago.
The $3.2bn (£1.95bn) earnings for the first three months of the year were boosted by a recovery in the US market, strong sales in China, as well as the sale of its stake in Delphi Automotive, its former car parts division.
http://www.bbc.co.uk/news/business-13355220
Quote:
General Motors (GM) has announced plans to invest $2bn in the US.
The decision will secure 4,000 jobs at 17 plants across the country for the next 18 months, according to chief executive Dan Akerson.
"We are doing this because we are confident about demand for our vehicles and the economy," he said, speaking at a factory in Toledo, Ohio.
It comes a week after the US carmaking giant reported first quarter profits that had tripled versus a year ago.
The $3.2bn (£1.95bn) earnings for the first three months of the year were boosted by a recovery in the US market, strong sales in China, as well as the sale of its stake in Delphi Automotive, its former car parts division.
http://www.bbc.co.uk/news/business-13355220
