Confirmed: GM Will Build Small Car in the US
"Small cars represent one of the fastest growing segments in both the U.S. and around the world," said Fritz Henderson, General Motors President and CEO. "We believe this car will be a winner with our current and future customers in the U.S."
General Motors confirmed that the selected facility is projected to roll off around 160,000 cars per year, with the assembly lines able to host a combination of small and compact vehicles. Despite recent media reports claiming that GM plans to move US production overseas, the American automaker says that today’s decision will actually include the number of cars built in the US to 70 percent by 2013.
"I would like to personally thank the UAW for agreeing to work with us to ensure our overall manufacturing competitiveness in the United States," said Henderson. "This vehicle segment, while important today and expected to be more so in the future, is extremely challenging. It takes a special effort by everyone to bring a domestically produced small car to market in a cost-competitive and profitable way - but that is what we are going to do together."