General Motors has announced plans to invest $2 (£1.5 / €1.7) billion into its Spring Hill assembly plant in Tennessee.
As expected, the company will use the funds to build the Cadillac Lyriq at the plant. The electric crossover will be built alongside the XT5 and XT6, and GM noted the facility will become their third electric vehicle plant besides Orion Assembly and the recently announced Factory Zero.
GM didn’t say when the Lyriq will go into production, but the company noted renovation work at Spring Hill Manufacturing will begin immediately. As part of the investment, the facility’s paint and body shops will “undergo major expansions” while the general assembly will receive “comprehensive upgrades including new machines, conveyors, controls and tooling.”
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While Spring Hill Manufacturing will be gaining the Cadillac Lyriq, they’ll be saying goodbye to the GMC Acadia. The next-generation model will be built at Lansing Delta Township Assembly which currently builds the Buick Enclave and Chevrolet Traverse. In order to facilitate the move, GM is investing more than $100 (£77.2 / €84.5) million into the Michigan plant.
GM also announced additional investments including $32 (£24.7 / €27) million for Flint Assembly for future production of heavy-duty versions of the Chevrolet Silverado and GMC Sierra. The company will also invest $3.5 (£2.7 / €3) million into Orion Assembly as well as $17 (£13.1 / €14.4) million into Romulus Propulsion to increase production of ten-speed automatic transmissions.
Additional details will be released at a later date, but GM CEO Mary Barra said “These investments underscore the success of our vehicles today, and our vision of an all-electric future.” She added, “We are committed to investing in the U.S., our employees and our communities.”