RUESSELSHEIM — Adam Opel AG confirms it will build a new continuously variable transmission at its plant in Szentgotthard, Hungary. Opel will invest US$151 million in the project that will begin production in 2001 with a capacity of 250,000 units each year. Additionally, the automaker says it will invest US$99 million in a new plant to build its first 6-speed transmission. Production at the plant, which will be located on the site of its existing plant here, will begin in 2002. The plant ...
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