GM plans to move headquarters to different building in Detroit-source

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DETROIT (Reuters) – General Motors (NYSE:GM) is moving its headquarters deeper into downtown Detroit after spending more than 20 years in its riverfront home at the Renaissance Center, a person familiar with the matter said on Monday.

A spokesperson could not immediately be reached to comment, but the U.S. automaker has scheduled a press conference at 4:30 pm ET with CEO Mary Barra and Dan Gilbert, an owner of property in downtown Detroit as well as the Cleveland Cavaliers National Basketball Association team.