11/30/2006

Chevrolet to initiate European production in Poland

Starting in late 2007, the Aveo, Chevrolet’s small four-door sedan, will be built at a production facility in Warsaw in Poland for sale throughout Europe. An all-new, three- and five-door hatchback variant will be assembled at the same location from mid-2008.

Building the vehicle in Europe will allow Chevrolet to meet current demand and shorten delivery times while reducing logistics costs as well as currency risks for the company. The move will also make it easier to allocate vehicles produced at GM’s Korean manufacturing facilities for sale in Asia and the USA.

Production at the facility will increase slowly from some 4,000 cars built in the latter part of 2007 to upwards of 60,000 in the first full year of production in 2008. Further increases to over 150,000 units per year are planned once all three model variants are in place. The initial phase of Chevrolet production will secure more than 1,000 jobs among the existing workforce.

Motorway Direct and AA Insurance are to provide a range of motor warranty and gap insurance products for dealerships and individuals. Motorway Direct claims the launch of AA Warranty will help improve the reputation of the car retailing market.

Source:autoindustry.co.uk



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