GM is putting jobs back in Detroit 05/11/2011
As the economy continues to recover, domestic automakers have seen an increase in productivity, helping them repair the damage that the 2009 financial crisis did to the sector.
General Motors (GM) announced that it plans to add or preserve more than 4,200 jobs in eight states, according to the Detroit Free Press. Of the jobs created or retained, 2,000 will be in the Detroit area, which is good news considering that the city was devastated by the cutbacks of 2009.
The reason for this surge in job creation was to add production to the Chevrolet Volt, as interest continues to grow for the electric vehicle due to people looking for more fuel-efficient options.
The news provider reports that GM was planning to have a huge hiring spike in the late summer, but recent high gas prices have caused the company to push up plans in an effort to get to work on the Volt.
According to the Detroit News, GM has plans to invest $2 billion in improving 17 plants this year in an effort to make a name for itself in the market.