Bloomberg the Company & Products

Bloomberg Anywhere Login


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.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

AP News

GM investing $220M in 2 plants to build new Cruze

DETROIT (AP) — General Motors says it will invest $220 million at two Ohio factories to build the next generation Chevrolet Cruze compact car.

The company says the investment in new equipment will preserve more than 5,000 jobs at factories in Lordstown, Ohio, near Youngstown, and Parma near Cleveland.

GM says the new Cruze will get fresh styling, a nicer interior and better gas mileage than the version on sale now. The Cruze now gets 35 to 42 miles per gallon on the highway depending on engine and transmission.

GM wouldn't say when production of the new Cruze will start. The compact is GM's second-best selling car with nearly 129,000 sold so far this year.

The Lordstown factory complex has built 500,000 Cruzes since production began in September of 2010.

blog comments powered by Disqus