Word: automobilwerk
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Dates: during 1990-1999
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General Motors too is headed for East Germany. GM plans to build 150,000 Opels a year in the country with Automobilwerk Eisenach, its East German partner, by the mid 1990s. Industry experts say GM's total investment in the deal could reach $600 million. Yet that will represent only part of GM's foray into Eastern Europe. Among other deals, the automaker plans to produce 200,000 engines and 20,000 Opels a year in Hungary in a $150 million venture with RABA, the country's state-owned truck manufacturer...
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