General Motors has disclosed plans about investing 332M USD for developing more fuel-efficient engines and transmissions.

General Motors has disclosed plans about investing 332M USD for developing more fuel-efficient engines and transmissions.

The funds will be distributed to four of their plants: Bedford (Indiana), Toledo (Ohio), Bay City (Michigan) and Flint (Michigan). The money invested will be used to develop a new small gasoline Ecotec engine, a beefier V6 mill and an 8-speed automatic gearbox. Some of the cash will be assigned for updating existing 6-speed transmissions.

215M USD of the investment will be directed to the Flint unit where they'll make the new Ecotec engine. It will be a part of a new family which will feature 3- and 4-cylinder versions with displacements ranging from 1.0 to 1.5 liters.

55.7M USD will be going to Toledo for the aforementioned 8-speed auto which will equip GM models by late 2016. The same facility will also work on improving the current 6-speed automatic. As for Bay City, they'll receive 31.7M to manufacture parts for the new Ecotec and V6 power units. The rest of the money (29.4M USD) is going to Bedford for producing components for both engines and the 8-speed automatic transmission.

General Motors confirms investing 332M to make more efficient engines and transmissions in U.S.