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    Home » GM is investing nearly $1 billion in new V8 engines
    Investing

    GM is investing nearly $1 billion in new V8 engines

    paydayloansallonline_110na0By paydayloansallonline_110na0January 20, 2023No Comments2 Mins Read
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    Inside the Flint Engine Operation.

    Inside the Flint Engine Operation.

    GM said Friday it will spend $854 million to build its sixth-generation small-block V8, and $64 million to support its EV efforts. The news also confirms that a sixth-generation small-block V8 is coming, which GM plans to use to “bolster its industry-leading full-size truck and SUV business.” says.

    The fifth generation V8 is now used in a wide variety of cars, trucks and SUVs in various configurations, from the base C8 Corvette to some versions of the Sierra. GM expects to sell more petrol trucks and SUVs in the future, so the news of the sixth generation comes as a minor surprise.

    read more

    In any case, GM details its investment in news:

    I’m sure GM will find a way to make the 6th generation V8 slightly more efficient than the 5th generation, but Chevrolet’s small-block V8 is used in so many different vehicles that a single It is difficult to think of the What this really says is that GM knows the electric future is a long-term deal and will require more V8s in the short term.

    I am also happy for workers who may be wondering about job security.

    “Our union celebrates the announcement of these new investments in GM facilities, including Locals 659 (Flint, Michigan), 362 (Bay City, Michigan), 211 (Defiance, Ohio), and 1097 ( Rochester, New York),” UAW President Ray Curry said in a press release. “The skills and dedication of UAW members are an important part of GM’s success, and this investment recognizes that members will continue to be an important part of GM’s future.”

    Other works by Jalopnik

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    Click here to read the full article.





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