General Motors made its case to a Detroit City Council committee on Wednesday in a bid to get some property tax brakes for its Hamtramck assembly plant. The Poletown plant is where General Motor is planning to build the Chevrolet Volt beginning in late 2010 and GM told the council that the new production vehicles there would add 550 jobs to the facility. In return for creating those jobs in the city, GM is seeking $136 million in property tax relief on the improvements over the next 25 years. The plant already employs 1,944 people who build the Buick Lucerne and Cadillac DTS. GM is planning on spending $336 million on the plant over the next two years in order to swtich over to the new, smaller ER-EV Volt. The full council is expected to vote to approve the abatements by sometime next week.
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[Source: Detroit Free Press]