General Motors and Isuzu announced that they will be investing $60 million in their joint venture DMAX Ltd., which makes diesel engines for heavy duty trucks. The investment in technologies at the Moraine, Ohio plant will make design changes to meet future emission regulations easier. GM says that 500 jobs will be retained due to the expenditure. DMAX has produced almost 1.6 million diesel engines since it started operations in 2000. Isuzu owns 40% of DMAX and GM owns the remaining 60% controlling interest.
The investment brings the total amount the two companies have put into the plant to $760 million. The Moraine facility currently builds the Duramax 6.6-liter turbo diesel engine used in the heavy-duty versions of the Chevrolet Silverado and GMC Sierra pickup trucks as well as the Chevy Express and GMC Savana full-size commercial vans.
GM has announced that starting in the 2016 model year, the Chevy Colorado and GMC Canyon mid-size pickups will offer the 2nd generation Duramax four cylinder diesel in a 2.8 liter turbocharged version and the company is considering offering a diesel option on the the regular duty versions of the Silverado and Sierra. It's not clear if either of those engines will be assembled in Moraine. A 2.5 liter version of GMs new diesel is currently assembled in Thailand.
from The Truth About Cars http://ift.tt/Jh8LjA
Put the internet to work for you.
No comments:
Post a Comment