General Motors Invests $359 Million in New North American Plant for Small Engine Production
General Motors broke ground on the plant that will build the engine for the Chevrolet Volt and many of its next generation, fuel efficient 4-cylinder engines. In direct response to the current economy, there has been a significant shift to smaller cars. According to J.D. Power and Associates, sales of four-cylinder vehicles grew from 27.1 percent in 2004 to 35.7 percent in 2007.
To meet the current demand for great performance and fuel economy, GM announced a $359 million investment to build a new powertrain plant in Flint for production of smaller engines. They plan to double global production of four-cylinders by 2011.
