The FINANCIAL — General Motors will invest approximately $380 million to prepare the Wentzville Assembly plant for production of an all-new Chevrolet Colorado midsize pickup, creating or retaining about 1,260 jobs hourly and salaried jobs.
The new Colorado is based on an all-new midsize truck architecture developed by GM do Brasil within GM’s global product development organization. In major markets where the Colorado will be sold, including the United States, engineers will tailor the truck to meet local needs.
Wentzville Assembly, which currently has about 1,400 employees, produces the Chevrolet Express and GMC Savana full-size vans. In early October, the plant announced a second shift, adding about 400 employees, to meet customer demand for commercial vans. The second shift will start in January 2012.The investments will support tooling and equipment upgrades. Product details, timing and pricing will be announced later. The current-generation Colorado will be produced in Shreveport, La., through the 2012 model year.
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