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GM Reportedly Considers $1 Bln Investment In Missouri Plant

General Motors (GM) is considering a $1 billion investment at its Missouri assembly plant, St. Louis Post-Dispatch reported.

GM outlined a plan to invest in the plant, where it builds vans and trucks, and add jobs, the report quoted Missouri Governor Mike Parson as saying.

There were a speculation that GM may build a new mid-size body-on-frame SUV based off the Canyon and Colorado chassis.

Missouri State Senator Bob Onder tweeted, "I am excited that @GM is considering investing $1 billion dollars in our Wentzville Community! This would extend a decades long relationship between this great company and the great people of St. Charles County."

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