General Motors is spending billions just on the factories to build the next generation of its small-block V8 engine to be used in models like the Chevrolet Silverado. Production that won’t even start before 2027, which is years after most automakers had expected the V8, and most combustion engines, to be all but dead. If you thought GM was crazy when it announced $579 million for Flint, $888m for Tonawanda, and hundreds of millions more for related plants to help build a brand-new generation of V8, you’re not alone. If you’re one of the other automakers that bet against GM, you might be regretting those plans right about now.
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