GM Is Plotting an Electric Investment in Feud With Trump
- Analysts expect CEO to announce new EVs to be built in Orion
- President has excoriated the company over idling Ohio factory
An employee works on the production line at the General Motors Orion Assembly Plant.
Photographer: Jeff Kowalsky/BloombergGeneral Motors Co. will throw a bone to President Donald Trump on Friday by announcing $300 million investment in its electric-car plant north of Detroit after enduring days of intense criticism for idling an Ohio factory, a person familiar with the matter said.
GM said in a media advisory that it will announce news on Friday along with the United Auto Workers union and local government officials at its factory in Orion Township, Michigan. The company said only that it’s making “major new investment focused on the development of GM future technologies” at the facility that builds fully electric Chevrolet Bolt cars. Chief Executive Officer Mary Barra is expected to attend, a company spokesman said.