General Motors says it will spend more than $900 million to update four factories, with the bulk going to an engine plant in Flint, Michigan, to build the next-generation V8 for big pickup trucks and SUVs.
That means the new V8 will have to get better mileage and pollute less than the current versions. Although GM wouldn’t release details on the new engine, Johnson said during a news conference at the Flint plant that it would be more efficient than the current version.
“We know that has a horizon,” he said. “Between here and there, there are a lot of internal combustion customers that we don’t want to lose,” he said.
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