GM Makes Major Investment in Austria

People ♦ Published: October 19, 2011; 18:29 ♦ (Vindobona)

The U.S. corporation invests € 50m in its Viennese powertrain factory.

GM Makes Major Investment in Austria / Picture: © Adam Opel AG

The Austrian plant of General Motors, where engines for Opel are being produced, will be upgraded further. After investments of € 70m in 2011, GM plans to make investments of € 50m next year. According to Michael Lewald, who is in charge of CEO of Opel Austria since August 2011, gave an interview to the Austrian newspaper “Kurier”.

In 2011, about one million gearboxes and…