- General Motors (NYSE:GM) plans to announce a $1B investment in U.S. factories this week in a development that could create as many as 1,000 new jobs, according to The Wall Street Journal.
- Donald Trump said at his press conference last week that he hoped GM would follow the commitments to U.S. jobs made by Fiat Chrysler and Ford.
- GM execs say any announcement made this week would have been planned for a long time, not a response to political pressure.
GM to announce $1B investment in U.S. factories
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| Symbol | Last Price | % Chg |
|---|---|---|
| GM | - | - |
| General Motors Company | ||