All Sites A report that General Motors Co. has announced plans to invest $5.4 billion in its U.S. plants over the next three years hit all the major business news media today. A report from Reuters quoted Cathy Clegg, GM North American manufacturing chief, as saying that the “common thread” among GM’s investments “is the focus on product improvements,” and adding that “the overall investments would create 650 jobs and retain more than 15,000 existing positions.” read more

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Is GM’s $5.4b U.S. investment an olive branch to UAW after major Mexican spend?