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GM has anounced a Millionare Investment in Saving & Creating Jobs

As economy stabilizes and vehicle sales rise this year, General Motors have announced the investment of two million dollars in a period of 2 consequent years to hire new employees and to keep existing jobs.

Last Tuesday, GM Chairman and CEO Dan Akerson mentioned: “We are doing this because we are confident about demand for our vehicles and the economy. This new investment is on top of $3.4 billion and more than 9,000 jobs that GM has added or saved since mid-2009.”

The car manufacturer reported that new jobs will be distributed along 15 facilities across the nation, an average of 133 new jobs per location. Even though this amount of jobs will not make up for the thousands of lay offs the company has made since 2007, it is a very positive sign of recovery.

Akerson, also mentions that: “GM has delivered five consecutive profitable quarters, thanks to strong customer demand for our new fuel-efficient vehicles and a competitive cost structure that allows us to leverage our strong brands around the world and focus on driving profitable automotive growth.”