Sep 29th, 2008 by RJ Menezes
General Motors CEO Rick Wagoner has recently announced this week that the automaker will build engines for the new Chevrolet Volt plug-in hybrid vehicle at a new plant in the state of Michigan.
The result of an investment of around $370 million by the General, the plant will begin making the company’s corporate global four-cylinder engines in 2010. GM officials said the investment includes a 552,000-square-foot plant, machinery, equipment and tooling to support production of the new engines.
GM’s executive vice president of global powertrain and global quality, Tom Stephens, said production would start at 800 engines per day. He didn’t elaborate as to how many would be destined for the Volt and how many would be used in the new Chevrolet Cruze.
You see, General Motors will make two engines at the new plant: a 1.4-liter turbo for the Chevrolet Cruze and 1.4-liter engine for the Chevrolet Volt extended-range electric vehicle. The new engines are part of an engine family with it’s roots dating back to 1997.
In addition to the $349 million plant, GM said it will also spend $21 million for vendor tooling to support the new operations. Plant construction will begin immediately and be completed by 2010. The project will retain about 300 hourly jobs until the plant is done.
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