General Motors plans to build a future small car in the United States utilizing an idled UAW-GM facility. This vehicle will adds to GM’s growing portfolio of US-built, highly fuel efficient cars including the Chevrolet Cruze and Volt.
Small cars represent one of the fastest growing segments in both the US and around the world. We believe this car will be a winner with our current and future customers in the US. I would like to personally thank the UAW for agreeing to work with us to ensure our overall manufacturing competitiveness in the United States. 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.—Fritz Henderson, General Motors President and CEO
The re-tooled plant will be capable of building 160,000 cars annually, which can be a combination of both small and compact vehicles. Selection of the site will be determined in the future.
Currently, about 67% of GM cars and trucks sold in the US are built in the US. With this announcement, GM anticipates that US production levels will increase beyond 70% by 2013.