General Motors Corp. (GM) revealed the production of its one-millionth Duramax V-8 turbo-diesel engine at the DMAX plant in Moraine. The company said that it first introduced the Duramax diesel in the U.S. in the 2001 model year and added that its heavy-duty diesel pickup market share has jumped nearly tenfold in the six years that Duramax engines have been offered.GM established the DMAX joint venture with Isuzu Motors Limited in 1998 and holds a 60% stake in it. The 584,000-square foot DMAX plant employs 1,225 hourly and salaried employees with annual production currently at 200,000 engines.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.