GM Invests In US Plants, Gearing Up For 10-Speed Auto Production

The shockwaves of General Motors' exit from Australian manufacturing are still being felt - and will for some time to come - but today the carmaker has outlined plans for heavy new investment in its US manufacturing operations. 

In a statement released at the company's Detroit headquarters, GM announced it will invest nearly US$1.3 billion (AU$1.45b) at five US plants in Michigan, Ohio and Indiana. 

Among these, GM plans to ramp up production of its new 10-speed automatic transmission - jointly developed with Ford - and boost production capacity for its V6 petrol engine and six-speed auto transmission.