By Jesse Snyder, Automotive News
Detroit, Michigan -- General Motors may build an assembly plant in eastern Europe, a top company executive told Automotive News Europe.
â€œWe still need some capacity in central and eastern Europe,â€ Chris Lacey, GM's executive director for central and eastern Europe, said in a phone interview.
Lacey identified seven countries as potential plant sites: Bulgaria, the Czech Republic, Hungary, Poland, Romania, Slovakia and Slovenia. All seven have joined the European Union within the past three years.
According to Lacey GM wants to build â€œwhere people buy cars, where a good, educated work force is available, and where you have the ability to build up a parts supply chain. So, any of these countries.â€
GM either will have sole ownership of the plant or form a partnership with a local manufacturer.
Lacey said GM needs the capacity to keep up with rapidly increasing sales in central and eastern Europe.
In Lacey's region -- the new EU, the Balkans, Russia and the republics of the former Soviet Union -- GM boosted first-half sales 42 percent to 230 113 cars compared with the same period last year.
From Automotive News (A Crain publication)