GM to invest $4 Billion to Shift Some Production from Mexico to the US
Shares of General Motors rose before the opening bell after announcing plans to invest $4 billion to shift some production from Mexico to U.S. manufacturing plants as the automaker navigates tariffs that could drive prices higher. President Trump signed executive orders in April, relaxing some of his 25% tariffs on automobiles and auto parts, a significant reversal as the import taxes threatened to hurt domestic manufacturers. GM said late Tuesday that the investment will be made over the next two years and is for its gas and electric vehicles. GM to invest $4 billion to shift some production from Mexico to the US | AP News
It’s a beautiful vision of an all-electric, wide hypercar, but it has nothing to do with the Corvette mark. One of three General Motors will unveil over the next year, each from a different design studio. It’s a beautiful supercar — low and wide with a classic mid-engine bubble-cockpit profile — but you’d never know it’s a Corvette. The front fin lights recall the design codes of GM’s premium label, Cadillac. The wrap-around windshield borrows from Koenigsegg and Saab. The porous aero elements mirror other electric hypercars like the Lotus Evija and Porsche Mission X, while the split between smooth upper aero and aggressive lower carbon elements appears on countless modern supercars. 