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Opel Will Invest EUR4bn to Develop New Vehicles and Engines
Feb 7, 2014German automobile manufacturer Opel is set to invest EUR4bn to develop new vehicles and engines over the next four years. The European arm of American automaker General Motors (GM) making the investment to generate profits by ...
Tags: Insignia mid-sized cars, Opel, New Vehicles
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Rio De Janeiro Has Signed a MoU with The Leaders of Brazil's Public-Private Sectors
Jun 21, 2013Rio de Janeiro State Government has signed a memorandum of understanding (MoU) with the leaders of Brazil's public-private sectors to increase the adoption of zero-emission transportation in the country. The partners who participated in ...
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EUR230m Is Invested by General Motors in Testing Facilities in Sselsheim, Germany
Apr 26, 2013General Motors has unveiled a plan to invest EUR230m in the next three to four years for the construction of new testing facilities at its European Product Development Center in Rüsselsheim, Germany. The investment is a part of the ...
Tags: General Motors, Auto Parts
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GM Will Invest About EUR4bn to Raise Market Share in European
Apr 12, 2013US carmaker General Motors will invest about EUR4bn in European subsidiary Opel through 2016 to assist in launching new models, restore profit and raise market share in the region. Majority of the investment will be aimed at developing ...
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Renault and LG Are Preparing to Roduce EV Batteries in France
Nov 29, 2012Renault,South Korean electronics group LG CHEM and French Alternative Energies and Atomic Energy Commission(CEA)are preparing to sign a three-way agreement in September 2012 to produce electric vehicle(EV)batteries. Renault currently uses ...