General Motors announced on the 10th, plans a total of 8 states to the U.S. auto assembly and parts of 17 plants to increase investment $ 2,000,000,000, the investment program is expected to directly create or retain more than 4,000 jobs.

    GM Chairman and CEO Daniel Exxon said the company has since 2009 invested over 3.4 billion, and add or retain more than 9,000 jobs, and now continue to invest, is based on market demand and confidence in the U.S. economy.

    GM's investment in the project was first announced last week, will be Bowling Green, Kentucky, to spend 131 million for the rehabilitation and upgrading of the local plant. The remaining investment will be gradually released in the coming months.

    U.S. industry research firm Center for Automotive Research estimates that GM's investment plans for the economic contribution of $ 2,900,000,000 U.S. revenue, and create or retain over 28,000 jobs, including 4,083 jobs directly resulting from General Motors, and the remaining Some jobs can be produced in the upstream and downstream enterprises.

    The research center's chief economist Xiao Enmai Carrington said that this also proves that the U.S. government aid had the car business is the right choice.

    GM employees worldwide, a total of 20 million people, about 1979 when one third of the peak. Which, in the United States a total of 77,000 employees, including 49,000 salaried time employees and 28,000 employees.

    Benefit from strong demand for energy-saving models, General Motors last week reported first-quarter profit of 3.2 billion, substantially more than expected, up 270% over last year, since the bankruptcy reorganization in 2009 the fifth consecutive quarter of profitability.

    General Motors in June 2009 bear the financial crisis hit, declared bankruptcy. After the U.S. government injected 49.5 billion U.S. dollars to the company bailout funds in exchange for 60.8% of GM common stock and 21 billion dollars in preferred stock, and company restructuring.

    It is understood that Chrysler and other auto companies recently announced a series of plant transformation and upgrade program is expected that these investments will accelerate the growth and economic recovery in the U.S. auto industry help.