General Motors has announced an additional USD 1 billion investment in US operations as well as 7,000 US jobs, while the president of Hyundai Motor has confirmed his company's plans to invest USD 3.1 billion in US manufacturing over the next five years, possibly including a new assembly plant. A General Motors investment announcement on 17 January outlined rough plans to make an additional USD 1 billion investment into US operations and in the near term to retain or create 7,000 US jobs. To get to the headline of retaining or creating 7,000 jobs, GM noted that 1,500 new and retained jobs would be tied to the new investments and that the details would be revealed over the course of the year. The company also confirmed that it would move production of the axles for its next-generation pickup trucks from Mexico to its operations in Michigan. GM said that move would create 450 US jobs.