GM to invest €50mn in Vienna

Categories
Business

Fifty million Euros will be invested in General Motors’ (GM) Powertrain factory in Vienna next year, it has emerged. Michael Lewald, who has managed the facility since August, told the Kurier today (Weds) the plan was to spend 50 million Euros in investments in 2012 after 70 million Euros this year. “I will ensure that […]

GM Austria gets €50mn injection

Categories
Business

A factory in Vienna has produced the 20-millionth gearbox for General Motors (GM), it emerged today (Thurs).GM Powertrain Austria boss Rudolf Hamp said GM decided to pour an additional 50 million Euros in the plant in Donaustadt district to improve the production process after the 20-millionth gearbox left the conveyor belt earlier this week.Hamp said […]