General Motors Co. (GM) is planning to shift more of its production to low-cost countries including Poland, Russia, China, India, Mexico and Brazil, Der Spiegel reported, citing a company strategy paper.
As the automaker’s output is increasing, GM plans to build 80 percent of the additional units in low-cost countries, the magazine said in an e-mailed preview of its article.
By 2016, GM plans to export an additional 300,000 vehicles from factories in Mexico, Korea and China to Europe, Spiegel said.
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