General Motors Bets Big on Pickups With Millions in New Investment
Bigger, newer, and more powerful: General Motors is ramping up investment in pickup truck production. Here’s what we know so far about the company’s plans.
General Motors plans to invest millions of dollars into the production of new pickup trucks. The company recently announced an additional investment of tens of millions of dollars into its plant in Oshawa, where the Chevrolet Silverado is assembled.
A total of $46 million will go toward upgrading production, primarily modernizing the stamping lines used to manufacture body components.
Through this new round of funding, GM also intends to optimize its parts and components manufacturing operations at the facility. The plant is also responsible for assembling V8 engines.
Given the newly announced investment — bringing total funding for pickup production to $250 million — it’s likely that the Chevrolet Silverado (along with the GMC Sierra) could soon receive either a new generation or a significant refresh.
Last month, patent images surfaced online showing part of the next-generation Silverado’s design. The upcoming model is also expected to feature a new lineup of engines, primarily powerful yet more fuel-efficient gasoline V8s.
You may also be interested in the news:
The 10 Best Modern American V8 Engines
From naturally aspirated screamers to supercharged powerhouses, these American-built V8s continue to define performance and muscle.
Kings of the Quarter Mile: The Wildest Muscle Cars of the 1960s
The golden age of muscle cars produced some brutally fast factory machines that dominated the drag strip and humbled exotic sports cars.
Chevrolet Opens Orders for the New Corvette Grand Sport X Hybrid AWD
Chevrolet has officially begun taking orders for the hybrid all-wheel-drive Corvette Grand Sport X ahead of production later this year.
Can This 1969 Dodge Charger Still Be Saved, or Is It Finally Ready for the Scrap Yard?
A severely deteriorated 1969 Dodge Charger is testing whether any collector still believes it's worth rescuing today.
Willys-Overland Go-Devil: The Iron Heart of Victory
Some engines changed the course of automotive history, and the Willys Go-Devil was one of them.