General Motors will invest an additional $1 billion (£807.82 million) in its U.S. factories in 2017 and will move some parts production from Mexico to the United States that was previously handled by a supplier.
The investments are in addition to the $2.9 billion the automaker announced last year, GM said and follow heavy criticism of the car maker by incoming US president Trump, who has also said manufacturers should consider what they make in Canada and import.
Hyundai said yesterday it’s also planning to boost US investments.
Ford has already cancelled a new plant in Mexico and said it will build new models in Michigan in response to warnings about import duties being levied on Mexican models brought into the US. Donald Trump will be sworn in as US President later today.