GM outlines $4 billion plan to expand production of gas trucks and SUVs

DETROIT (Reuters) -General Motors said on Tuesday it will move production of the Cadillac Escalade to a Michigan assembly plant, while adding new capacity for gas-powered Chevrolet Silverado and GMC Sierra light-duty pickups at the same facility. The production shifts are part of GM's $4 billion investment plan announced in June at three U.S. facilities in Michigan, Kansas and Tennessee, a move that expands production of gasoline-powered trucks and SUVs.