Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

GM Moves Cadillac SRX Production to Tennessee Plant From Mexico

General Motors Co., the largest U.S. automaker, said it will move production of the Cadillac SRX sport-utility vehicle to a Tennessee factory from Mexico.

The Spring Hill, Tennessee, complex will also get a $185 million investment for small gasoline engines, the Detroit-based automaker said today in a statement. Alan Adler, a GM spokesman, said in a telephone interview that with the revamped version of the SRX, output will shift from Ramos Arizpe, Mexico.

The SRX is Cadillac’s best-selling vehicle, with U.S. sales rising 16 percent this year through July. The Detroit-based automaker this month announced the next-generation SRX would arrive next year along with a new top-range car and new high-performance V-versions of Cadillac’s ATS and CTS.

“Today’s announcement is proof we can achieve great things when workers have a seat at the table and the chance to share their ideas for how to constantly improve the products we manufacture,” Cindy Estrada, a vice president of the United Auto Workers union, said in an e-mailed statement.

Last year, GM raised its planned investment in the complex to $350 million and promising that two mid-sized vehicles would be built there.

Spring Hill, which used to build Saturns, made the Chevy Traverse until November 2009 and now has a flexible set-up to produce the Chevy Equinox SUV, four-cylinder engines and other parts, according to GM’s website. About 2,300 people work at the complex.

GM also said today that it plans to invest $48 million at its Bedford, Indiana, powertrain casting plant.

Since 2009, when GM exited government-backed bankruptcy, the automaker has announced more than $10 billion of investments in U.S. facilities through the end of 2013. GM last year announced plans to invest $16 billion at U.S. factories and facilities and $11 billion in China through 2016.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.