GM invests $545m in Michigan plants - ModernCamaro.com - 5th Generation Camaro Enthusiasts
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post #1 of 7 Old 02-14-2006, 06:24 PM Thread Starter
 
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GM invests $545m in Michigan plants

http://news.yahoo.com/s/ap/20060214/...NqBHNlYwM3NDk-

The important parts:

The company is investing $152 million in its Ypsilanti transmission plant to increase production capacity for its rear-wheel-drive, six-speed transmissions, Flores said. It is investing $60 million in its Romulus engine plant for making the small-block V8 engines that will go into its new full-size trucks. It is also spending $32 million to update the hydroforming equipment in its Pontiac metal stamping plant, which uses water to help make the unique curves on the Pontiac Solstice and Saturn Sky roadsters.
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post #2 of 7 Old 02-15-2006, 04:48 PM
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Interesting they can spend this kind of money after losing 5 billion dollars
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post #3 of 7 Old 02-15-2006, 05:08 PM Thread Starter
 
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You have to continue to invest in infrastructure though, otherwise your product fails and you lose even more money.

The old adage "you have to spend money to make money" applies in the car business.
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post #4 of 7 Old 04-24-2008, 10:16 AM
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YEAH! Garbage in a 2 year old thread.

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post #5 of 7 Old 04-24-2008, 03:50 PM
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Dammit, 2nd spambot post I delteeted.



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post #6 of 7 Old 04-24-2008, 04:13 PM
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Interesting they can spend this kind of money after losing 5 billion dollars
As they stated for us, there was no actual "loss" - it was a numbers error, on money that was never there...

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post #7 of 7 Old 04-24-2008, 04:32 PM
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Scotty, no need to comment in a 2 year old thread.



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Originally Posted by Jeremy Clarkson
A turbo, exhaust gasses go into the turbocharger and spin it, with a supercharger, air goes in, witchcraft happens and you go faster.
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