GM’s $4B Bet: Gasoline is Still King

GM’s $4B Bet: Gasoline is Still King

OilPrice.com

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While the industry chatters about electric dreams, General Motors is pouring $4 billion into the steel-and-combustion reality of gas-powered trucks and SUVs—an investment that will retool three U.S. plants to build more of what actually sells—and it’s placing big bets in Michigan. Starting in 2027, Escalades will roll off the line in Orion Township, Michigan, not Texas, and that same Michigan facility will also add production of GM’s money machines: the Chevrolet Silverado and GMC Sierra. This isn’t a pivot—it’s…

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