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Foxconn to sell former GM Lordstown plant for $88 million, reinvest in U.S. business
Foxconn, the aspiring Taiwanese electric-vehicle maker, has announced the sale of the sprawling, former General Motors Lordstown assembly plant it bought in 2022, saying it plans to reinvest the proceeds into expanding its U.S. business.
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Former GM Lordstown Plant Sold Again, New Owners Not NamedI n one of the world's most expensive games of Hot Potato, a beleaguered US auto factory is being sold yet again. The ...
Foxconn sells former GM plant in Lordstown to 'a business partner,' but will remain on-site as the facility reportedly shifts ...
Foxconn has sold the former General Motors factory in Lordstown, Ohio, just three years after acquiring it, ending a ...
Foxconn’s announcement to sell its Lordstown manufacturing plant, while continuing operations at the sprawling ...
“Today, we’re excited to share that the XT5 legacy will continue as a next-generation gas vehicle beyond 2026, proudly built ...
GM produces the Cadillac Escalade at Arlington Assembly in Texas and both the GMC Sierra and Chevrolet Silverado are made at ...
Instead, GM said it would retool its Orion Assembly Plant in Michigan, the Fairfax Assembly Plant in Kansas, and Spring Hill Manufacturing in Tennessee, according to the news release.
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