GM plans to sink $245 million into its powertrain plant in Ontario in order to build a new, more fuel-efficient, six-speed transmission. Commencing in 2012, the Chevrolet Equinox, GMC Terrain, and Buick Regal sedan will all be using transmissions from the facility.
In addition to saving about 400 jobs, the investment will also help GM to meet tougher U.S. fuel-economy requirements, set to kick-in in the near future. In April, the company also said that it would be investing $235 million in the plant”s engine production, which is expected to create or stabilize another 400 jobs.
GM is adding shifts to multiple plants, so that they may prepare for expected increases in production in several models.
2011 Buick Regal:
– By: Stephen Calogera
Source: Automotive News (Subscription Required)