General Motors Co. will invest nearly $100-million in Chevrolet Equinox and GMC Terrain production line
General Motors Co. will invest nearly $100-million to increase production capacity at one of its Canadian assembly plants, a move that signals the auto maker’s growing confidence in the auto recovery and robust consumer demand for the two vehicles made at the plant.
The investment in the plant, which GM have a 50%/50% joint venture own with Suzuki Motor is aimed at increasing output of the Chevrolet Equinox and GMC Terrain crossover utility vehicles, according to the paper.
The plant will be retooled over the next seven months and about 150 laid-off workers will be recalled but the 3.6 liter crossover Suzuki XL-7 line is still suspend as Suzuki aim to concentrate with a smaller engine,more fuel efficient car.
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