GM's Opel to invest 130 mln eur in German car parts plant

Newswire

FRANKFURT, Sept 25 (Reuters) - General Motors' loss-making European brand Opel is investing 130 million euros ($175.4 million) in its German engine and parts plant in Kaiserslautern to buy new tooling and machinery, Opel said in a statement on Wednesday. The factory, opened in 1966, will use the funds to produce body and chassis parts for the next-generation Astra compact car and Insignia mid-size car, as well as building the Euro 6 generation of 2.0 litre diesels starting in ...

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