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 ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Dec 6, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos 2

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×