Internet guide to St. Petersburg, the cultural capital of Russia Internet Explorer: add to favorites 
St. Petersburg guide / Home page
 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Personal live guide to PetersburgApartments rentOnline Map of St. Petersburg
 in St.Petersburg: October 19, 2017; 3:39am (GMT+4). Search:
 Business news All business news in St. Petersburg 
Warning: current() expects parameter 1 to be array, null given in /home/webs/city.air.spb.ru/system/advert.robo on line 24
News at PetersburgCity.com
City news
Business news
Culture news
Anniversary news

Warning: current() expects parameter 1 to be array, null given in /home/webs/city.air.spb.ru/system/advert.robo on line 24
Business news
GM to Up Capacity of New St. Petersburg Plant to Meet Growing Russian Demand
03.21.2007 14:56

GM General Motors will sharply expand production capacity at its new plant in St. Petersburg to help handle growing demand for cars in Russia, GM Europe President Carl-Peter Forster said on Wednesday, March 14.

The plant, due to come on line late next year, will be expanded to handle 100,000 units a year instead of the 40,000 units originally planned, Forster told a conference call with reporters after the carmaker released quarterly earnings.

“That will hardly be enough to meet demand in Russia,” Forster was quoted by Reuters as saying. He noted that the world’s biggest carmaker would have to rely as well on cooperation accords with partners in Russia and Ukraine.

Russia was GM’s fifth-biggest market in Europe in 2006. It sold 132,600 vehicles there, more than in markets such as France and the Benelux countries.

GM Europe’s overall sales in 2006 topped 2 million units.

News source: mosnews.com
Print this news


Business news archive for 21 March' 2007.
Business news archive for March' 2007.
Business news archive for 2007 year.
City news archive
March' 2007
SuMoTuWeThFrSa
    123
45678910
11121314151617
18192021222324
25262728293031
       
Archive for 2007 year


 News | Events | Playbill | City | Tourism | Accommodation | Business
 Culture | Dine & Wine | Nightlife | Family | Health & Sports | Excursions
Services | Shopping | Classifieds | Forums | Map | Weather | Articles

Site Map | Search | Help/feedback | About | Advertise with us

Contacts: info@petersburgcity.com

(c) 2001-2016 "Information Resources" Agency