GM Pumps $332 Million into New Fuel-Efficient Powertrains


  • GM Powertrain Investments

    GM Powertrain Investments

    GM will invest $332 million to produce more fuel-efficient engines and transmissions. | April 04, 2013

Just the Facts:
  • General Motors will invest $332 million to build new fuel-efficient powertrains, including a new Ecotec small gasoline engine, a new V6 and an eight-speed automatic transmission.
  • The new small Ecotec gasoline engine is part of a new family of engines that includes three- and four-cylinder variants with displacements ranging from 1.0 to 1.5 liters.
  • The eight-speed automatic transmission will be used in "numerous" GM vehicles by the end of 2016.

DETROIT — General Motors on Thursday said it will invest $332 million to build new fuel-efficient powertrains, including a new Ecotec small gasoline engine family, a new V6 and an eight-speed automatic transmission.

The new small Ecotec is part of a new family of gasoline engines that includes three- and four-cylinder variants with displacements ranging from 1.0 to 1.5 liters.

The eight-speed automatic transmission will be used in "numerous" GM vehicles by the end of 2016. The automaker did not specify which vehicles will get the new eight-speed transmission, which is a GM-designed unit and not the eight-speed automatic supplied by Aisin AW for the 2014 Cadillac CTS. GM said details about the new V6 engine program will be announced later.

It said the new small Ecotec gasoline engine is part of a global engine family that could top 2 million engines a year by the end of the decade.

Automakers around the world are in a race to produce more fuel-efficient cars and trucks. Chrysler, for example, stole much of the limelight at the 2013 New York Auto Show last month when it announced that the 2014 Jeep Cherokee will be the first SUV to come with a nine-speed automatic transmission.

GM is pouring the $332-million powertrain investment into four manufacturing sites: plants in Flint and Bay City, Michigan; Toledo, Ohio and Bedford, Indiana. So far this year, GM has announced $1.2 billion in investments in its North American plants.

GM also said it will raise its powertrain investment in two Michigan plants by $46 million to support production of the new V6 engine. The plants are located in Romulus and Saginaw.

The focus on fuel-efficient powertrains is in response to customer demand, GM said. Consumers want "technology-driven performance and fewer trips to the pump," the company said in a statement.

The announcement comes at a time when gas prices have flirted with the $4 mark for the better part of a year. The AAA Daily Fuel Gauge Report on Thursday pegged the average price for a gallon of unleaded gasoline at $3.63 versus $3.92 a year ago.

Edmunds says: Your future GM car or truck will have an even greater emphasis on fuel economy, judging from the latest announcement from the automaker.

Leave a Comment
ADVERTISEMENT

Featured Video

ADVERTISEMENT

Marketplace

up2drive

Get Pre-Approved for a Loan


Car.com

Credit Problems?
We can help you get Financing!

ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
Have a question? We're here to help!
Chat*
Chat online with us
Email
Email us at help@edmunds.com
*Available daily 8AM-5PM Pacific
Phone*
Call us at 855-782-4711
SMS*
Text us at ED411