VIENNA â€“ Russian assembler ZAO Avtotor officially opens a new facility for complete-knocked-down assembly of the Chevrolet Lacetti in Kaliningrad. The complex has capacity to build up to 50,000 of the cars annually from kits supplied by South Koreaâ€™s GM Daewoo Auto & Technology Co. The partners invested â‚¬80 million ($103 million) in the CKD assembly project, with Avtotor pitching in â‚¬50 million ($65 million) and General Motors Corp. putting up the remainder. â€œThe start of CKD ...
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