GM Bedford Powertrain to Get $49 Million Investment

BEDFORD, Ind., June 8, 2011 /PRNewswire/ — General Motors will invest $49
million to purchase tooling and equipment for the Bedford powertrain plant to
produce components for a recently announced 8-speed transmission and a future
small engine program. The investment will create or retain 91 jobs.

“The all-new 8-speed transmission will improve fuel economy in a number of
future vehicles,” GM Manufacturing Manager Arvin Jones said Wednesday. “And, the
new gasoline engine, which will be offered in displacements from 1.0 liters to
1.5 liters, is key to fuel economy leadership in the small four-cylinder engine
segment.”

The Bedford announcement is part of the $2 billion in U.S. investment that GM
communicated for 17 facilities in eight states on May 10. Facilities in Bowling
Green, Ky.; Arlington, Tex.; Toledo, Ohio; and Bay City, Detroit, Flint, Lansing
and Warren, MI also received investments that will positively impact employment.
This builds on the $3.4 billion invested and 9,000 jobs created or retained in
the United States since mid-2009.

The Bedford investment is primarily for manufacturing machinery, equipment and
special tooling for the current facility. The plant, which opened in 1942, is
one of the leading aluminum die casting facilities in the world. Bedford uses an
aluminum die cast process to manufacture transmission casings and converter
housings for the new fuel efficient six speed transmissions.

“We appreciate the tremendous support we have received from the Bedford
community over the years,” Jones said. “This investment is possible because of
the teamwork between GM, the UAW, the IBEW, the Bedford community and the great
State of Indiana.”

Bedford currently has 405 hourly and salaried employees.

“The hard work and dedication of the members of UAW Local 440 has made the
Bedford plant one of the leading aluminum die-casting facilities in the world,”
said Joe Ashton, UAW vice president-GM Department. “This investment will retain
jobs that are vital to Bedford’s economy and represents GM’s commitment to
manufacturing in America.”

Paul Green, business manager for the International Brotherhood of Electrical
Workers Local 16, added: “This announcement is the result of the hard work and
dedication of Bedford IBEW members in building quality products for our
customers. It is good news for our members, the community and the future of U.S.
manufacturing.”

About General Motors

General Motors (NYSE: GM, TSX: GMM), one of the world’s largest automakers,
traces its roots back to 1908. With its global headquarters in Detroit, GM
employs 202,000 people in every major region of the world and does business in
more than 120 countries. GM and its strategic partners produce cars and trucks
in 30 countries, and sell and service these vehicles through the following
brands: Baojun, Buick, Cadillac, Chevrolet, GMC, Daewoo, Holden, Isuzu, Jiefang,
Opel, Vauxhall, and Wuling. GM’s largest national market is China, followed by
the United States, Brazil, the United Kingdom, Germany, Canada, and Italy. GM’s
OnStar subsidiary is the industry leader in vehicle safety, security and
information services. More information on the new General Motors can be found at
www.gm.com.

SOURCE General Motors