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GM expands production of gas-powered SUV, trucks in Michigan

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General Motors said Tuesday it will move production of a gas-powered SUV to an assembly plant in Michigan and add manufacturing of pickup trucks in its home state.

“GM will begin production of the Cadillac Escalade, as well as the Chevrolet Silverado and GMC Sierra light duty pickups at Orion Assembly in early 2027 to help meet continued strong customer demand,” the Detroit automaker said in a statement.   

The Escalade is currently produced in Arlington, Texas. The Silverado and Sierra trucks are made at an assembly plant in Fort Wayne, Indiana, which will continue to produce the vehicles. GM said it is adding more production of the trucks to its Orion Assembly plant in Michigan because of strong demand.

The move builds on GM’s plans to invest $4 billion in U.S. facilities, which the automaker announced in June. That announcement came after President Donald Trump earlier this year implemented 25% tariffs on imported vehicles and 25% duties on many auto parts imported into the U.S.

It also builds on the automaker’s gas-powered vehicle production.

The Orion Assembly plant in suburban Detroit, which is being retooled for gas products, was expected to be its second electric vehicle-exclusive plant in the U.S.

CEO Mary Barra had said in 2021 that GM would exclusively offer EVs by 2035, but the automaker has since said customer demand for EVs has been slower than expected and has shifted plans to meet consumer demand.



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Pressed Juicery CEO on Retail Expansion Strategy

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Justin Nedelman, Pressed Juicery CEO, says the company tested its wellness smoothie at Costco before going national and saw strong results. He tells Romaine Bostick and Katie Greifeld on “The Close” that because the company produces everything in California, it can control distribution quality. He emphasized that Pressed remains an accessible wellness brand, not a luxury brand. (Source: Bloomberg)



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Mexico City’s World Cup Preparations in Full Swing

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Mexico City Finance Minister Juan Pablo de Botton discusses the importance of the 2026 World Cup to the local economy, and also explains why he believes US policies are pushing some would-be visitors to opt for Mexico to watch the sporting event. Minister de Botton speaks with Carol Massar and Tim Stenovec on Bloomberg Businessweek Daily at the Bloomberg Power Players News York Summit. (Source: Bloomberg)



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AI is An 'Enormous Tailwind': DocuSign CEO

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Allan Thygesen, DocuSign CEO, says the company’s new AI product is seeing strong adoption among small businesses. He tells Romaine Bostick and Katie Greifeld on “The Close” that while government isn’t yet a major customer, it presents a growth opportunity.
(Source: Bloomberg)



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