General Motors Co plans to invest $88 million in Michigan plant for unspecified new model

The Michigan plant currently builds three models of the mid-size Cadillac CTS car - sedan, coupe and wagon - along with a high-powered V-series version of each model.

Investment is for an unspecified new model - GM plans to invest $88 million in equipment and tooling for an unspecified new model to be built at its Lansing Grand River assembly plant in Michigan.

According to the U.S. Department of Energy website www.fueleconomy.gov; the high-powered wagon is the least fuel-efficient small station wagon on the U.S. market. It rates the vehicle at 12 miles to the gallon in city driving and 18 miles on the highway.

The investment is part of GM’s previously announced plan to invest $2 billion in 17 U.S. plants. GM said; “The Lansing Grand River plant currently employs 917 hourly and salaried employees.”

Among the investments that GM has already announced are $331 million at a Texas SUV plant, $109 million at two Michigan plants one in Flint and the other at Bay City and $131 million at a Kentucky plant to build a new version of the Corvette sports car.