GM and Chrysler Investments

Chrysler is making news today, too, as they announce their plans to invest $238 million in three Michigan plants, adding 1250 jobs. GM and Chrysler both announced within the last two weeks the production of HD bi-fuel CNG vehicles for retail and fleet sale. The Detroit three are all pursuing varied pathways as they get into the production of natural gas vehicles. Chesapeake Energy is doing their part to accelerate infrastructure solutions and their latest investment is the development of a $500 natural gas home refueling appliance in conjunction with GE and Whirlpool. A GM spokesperson opined that this is exactly what is needed to incentivize manufacturers to jump into the NG fray.