General Motors Co said on Tuesday it would invest an additional $1 billion in its U.S. factories, moving some production from Mexico.
The investments are in addition to the $2.9 billion the automaker announced last year, GM said.
GM and other automakers have been criticized by U.S. President-elect Donald Trump for building vehicles in Mexico that are imported into the United States.
On Jan. 3 Trump threatened to impose a "big border tax" on GM for making some of its Chevrolet Cruze compacts in Mexico. (Reuters)
Source: www.businessworld.ie
