Gm Plans 175 Million Retooling Of Michigan Plant For Cadillac Sedans


DETROIT – General Motors Co will invest $175 million to modernize and retool a plant in Lansing, Michigan, to build the next generation of luxury Cadillac sedans, the company said on Monday.

Much of Cadillac’s growth is expected to come from China, the luxury brand’s largest market.

“We expect global luxury sales will continue grow, with Cadillac’s global volume and profit expected to double by 2021, and our investments in the U.S. will be a major driver,” GM said in a statement.

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