Car factory in Warsaw to produce two new models

Initial investments will stand at $130-150 million and the Żerań-based plant is undergoing preparations for the production of this car. The plant will produce no less than 150,000 cars annually in cooperation with Ukrainian AwtoZAZ, the owner of the factory. "We want to do all that is possible to not allow the cannibalization of our brands. Chevrolet has to be clearly cheaper than Opel," said Herbert Spranger, the leaving president of Chevrolet Europe. General Motors and its Korean subsidiary GM DAT has been looking for a place to produce its cars in one of the EU countries. The company was initially considering former Daewoo plant in Romania, but most likely GM DAT will only produce engines in that country. The new venture will ensure the development of Żerań factory. (Rzeczpospolita, pp. A1, B1) M.M.