General Motors (48.93, 1.00, 2.09%) announced on Tuesday that it plans to invest 4 billion US dollars in three assembly plants in the United States, including shifting or increasing the production of two car models produced in Mexico to US factories.

General Motors announced this plan as there were few signs of progress in the trade negotiations between the Trump administration of the United States and the leaders of Mexico. Earlier this year, Trump announced a 25% tariff on imported cars and a 25% tariff on many auto parts imported into the United States

General Motors said that this investment will increase the assembly of the gasoline-powered Chevrolet Blazer and Chevrolet Equinox currently produced in Mexico to two other factories in the United States, and transform a large idle factory in Michigan into a factory that produces gasoline-powered SUVs and trucks in 2027. This factory was originally expected to produce all-electric trucks.

General Motors refused to discuss the future of the Ramos Arizpe plant, which currently produces these models in Mexico. A source familiar with the plan said that Blazer's production will be completely transferred from Mexico to the United States, while Equinox's production is expected to complement the Mexican factory, which will also produce products for other markets.

According to General Motors, this new investment will last until 2027 and will enable the company to assemble more than 2 million vehicles annually in the United States.