GM is considering purchasing a stake in FSO, in Warsaw, to build Chevrolets, according to the Financial Times.
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The plant has been controlled by Avtozaz of the Ukraine since last year and has capacity to build 350,000 cars a year. GM’s plans would see production of up to 100,000 units a year in the medium term.
Avtozaz is still talking to other companies, although GM is in a strong position as the Avtozaz plant in Zaporozhye, Ukraine, already assembles Chevrolets.
GM is also still considering sub-contracting assembly to the plant, rather than taking a stake.
GM needs the capacity because GM Daewoo lacks capacity in South Korea, having seen sales grow more quickly than expected.
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By GlobalDataThe newspaper reported that GM is also keen to support Avtozaz to make up for its failing relationship with Avtovaz in Russia.
