Word: amorebieta
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...also probing charges that Lopez had absconded with corporate secrets. Lopez, once heir-apparent to GM's North American car business, had helped develop the Opel project for GM but jumped ship after the company decided to put his dream plant in Hungary rather than in his hometown of Amorebieta, Spain. Volkswagen had wooed Lopez with promises to build his | plant in Amorebieta, but the dismal state of European car sales forced VW chairman Ferdinand Piech to suspend plans for the factory two weeks ago. On top of Volkswagen's $780 million first-quarter loss and bleak prospects...
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