GM temporarily pulls plug on Volt engine plant

  • 22-Dec-2008 10:54 EST
08_JFM_Flint_01.JPG

General Motors says its Flint engine plant will feature the company's most flexible engine assembly lines in the world.

General Motors Corp. aims to begin production of the engine for the Chevrolet Volt as scheduled in late 2010, but for now it is slowing construction of the plant where the 1.4-L four-cylinder will be built. "The new Flint engine plant is temporarily on hold to conserve cash," GM spokeswoman Sharon Basel said. "We are temporarily suspending purchases of materials, like structural steel, that require heavy outlays of cash. Some nominal work continues that is not cash-intensive." Once cash is in hand, "we can get these engine plants built and running pretty quickly," she added. Also to be built at the $370 million plant is a 1.4-L turbo for the Chevy Cruze.

Share
HTML for Linking to Page
Page URL
Grade
Rate It
3.00 Avg. Rating

Read More Articles On

2016-12-15
Electric-vehicle startup Lucid Motors unveils its proposed first production model, the Air luxury sedan, adding to the roster of companies seeking to loosen Tesla's grip on the luxury-electric market.
2016-12-13
Torotrak demonstrates the potential of its new, CVT-controlled V-Charge pressure charger.
2017-03-06
The 7th generation 5 Series, known internally as the G30, focuses on power, torque, mass and aero-drag reduction and refinement.
2017-02-24
The visually captivating Lexus LC coupe debuts Toyota's GA-L architecture and features the new Aisin 10-speed, lightweight construction and a new hybrid powertrain.

Related Items

Training / Education
2017-10-23
Training / Education
2013-04-09
Training / Education
2010-03-15