General Motors Commits $750 Million to Hybrid Vehicles NEWS

General Motors Commits $750 Million to Hybrid Vehicles as It Races to Catch Up With Rivals

General Motors is making a significant move toward hybrid technology, committing $750 million to prepare one of its Michigan manufacturing facilities for future hybrid vehicle production. The investment signals an important adjustment in the automaker’s electrification strategy as consumer interest in fuel-efficient vehicles continues to grow and competitors strengthen their positions in the hybrid market. […]