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Stock Market & Financial Investment News

News Breaks
February 28, 2013
08:23 EDTGMGM to increase plug-in production by 20% this year, Bloomberg says
General Motors (GM) plans to build 1,500-3,000 Chevrolet Volts and other plug-in hybrids a month in 2013, or as many as 36K total, which would be up 20% from last year, reported Bloomberg, citing people familiar with the plans. Reference Link
News For GM From The Last 14 Days
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August 19, 2015
13:35 EDTGMGM investing C$12M for added Chevrolet Equinox production at Oshawa Assembly
GM Canada president and managing director Steve Carlisle announced that GM will invest C$12M to increase Chevrolet Equinox production on the Consolidated production line at Oshawa Assembly and for related changes in the body shop at CAMI Assembly. This further investment in Ontario-based production and supplier tools will help to meet strong North American customer demand for the Chevrolet Equinox. The investment extends plans for ongoing Oshawa Assembly Consolidated Line production to 2017. GM has invested approximately C$800M in its Oshawa and St. Catharines operations over the past 3 years and recently announced a further $800M investment in its CAMI operation in Ingersoll, Ontario.
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