GM to Invest $245M in Plant Near Detroit, Adding Jobs

After recently announcing 100 layoffs at its Orion, Mich. plant due to a scaled back production of small cars, General Motors will add 300 jobs to the plant due to a new vehicle program. The program includes a $245 million investment in the facility which will eventually produce the Chevy Bolt EV.

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In other automotive news, ex-Porsche SE CEO Wendlin Wiedeking and former Chief Financial Officer Holger Haerter will face additional charges for Porsche SE’s failed attempt to purchase Volkswagen group. Also, Mercedes-Benz is mulling the creation of a convertible crossover.