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Wentzville GM plant to build new Chevy Colorado truck

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WENTZVILLE, MO (KTVI) - A new pick-up truck will soon be assembled at Wentzville's General Motors plant.

The plant has been gearing up for the Chevy Colorado for the past two years.  On November 20, the announcement was made that the redesigned Colorado would be their to build.

And last week, the new model pick-up went public at the Los Angeles auto show.  GM has a lot of projected sales riding on this pickup, a key part of the automakers turnaround effort.

Four years ago, GM filed for bankruptcy.  After years of losses, management said it's core business was done by the financial crisis.  But with help from the U.S. Government which took a 61 percent stake in GM, it started to recover.

The Treasury Department expects to sell its remaining shares this month.  GM has cut its brands from eight to four, slashed debt by $37 million and invested $8.8 billion in U.S. operations since 2009.

And this past October, the St. Louis Post-Dispatch reports, it delivered 16 percent more vehicles than from the year before.