UPDATE 2-GM invests to make more efficient transmissions


(Adds detail on increase in plant capacity in fourth paragraph, byline ) By Jui Chakravorty YPSILANTI, Mich., May 30 (Reuters) - General Motors Corp. on Tuesday said it would invest $170 million to produce more efficient six-speed automatic transmissions. The company said the new transmissions produced at the Ypsilanti, Michigan, plant, which will debut in some 2007 Cadillac models, will offer better performance and improved fuel economy. GM said it would invest $125 million in the ...

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