06:36 AM EDT, 06/11/2025 (MT Newswires) -- General Motors ( GM ) plans to invest $4 billion in three manufacturing facilities in the US over the next two years as part of the automaker's efforts to boost domestic production of its gas and electric vehicles.
The investment at its Michigan, Kansas City and Tennessee plants is aimed at expanding finished production of several of its vehicles, the company said late Tuesday. The auto manufacturer expects the new investment to allow it to assemble more than two million vehicles per year in the US.
General Motors ( GM ) shares closed the previous trading session up 2.1% and edged 0.8% higher in the most recent premarket activity Wednesday.
"We believe the future of transportation will be driven by American innovation and manufacturing expertise," Chief Executive Mary Barra said in a statement. "Today's announcement demonstrates our ongoing commitment to build vehicles in the US and to support American jobs."
US President Donald Trump signed two executive orders near the end of April, reducing his 25% tariff rate on imported auto parts and ensuring that such levies don't stack on separate tariffs like those on aluminum. Trump imposed duties earlier in the year on imports of automobiles and certain auto parts to encourage domestic production.
GM anticipates beginning production of its gas-powered sports utility vehicles and light-duty pickup trucks at its Michigan facility in early 2027 to meet continued strong demand. The plant in Kansas City is expected to support production of the company's gas-powered Chevrolet Equinox starting in the middle of 2027, while the plant remains on track to build the 2027 Chevrolet Bolt EV by the end of 2025, according to GM.
The automaker intends to add production of its gas-powered Chevrolet Blazer at the Tennessee manufacturing facility beginning in 2027.
Last month, GM announced plans to invest $888 million to expand the output of its V-8 engine at its Tonawanda propulsion plant near Buffalo, New York. At the beginning of May, the company lowered its full-year earnings outlook to reflect a $4 billion to $5 billion hit from tariffs.
GM said Tuesday it continues to project 2025 capital spending between $10 billion and $11 billion. Going forward, the company expects annual capital spending to be in a range of $10 billion to $12 billion through 2027, reflecting its increased US investments, key program prioritizations and efficiency offsets.