Bloomberg News

GM to Shift More Production to Low-Cost Countries

March 25, 2012

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.

To contact the reporter on this story: Naomi Kresge in Berlin at nkresge@bloomberg.net

To contact the editor responsible for this story: Phil Serafino at pserafino@bloomberg.net


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