GM to invest more than $500 million in Arlington plant for future SUVs

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(Reuters) – General Motors (NYSE:GM) said on Thursday it plans to invest more than $500 million in its Arlington assembly plant to prepare it for production of future internal combustion engine full-size SUVs.

The investment will be used to provide new tooling and equipment in the stamping and assembly areas of the plant that manufactures the company’s entire line-up of full-size sport utility vehicles (SUVs), including Chevrolet Tahoe and Suburban.