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Re: Ford, GM and JC Russian machines bid to buy Daewoo factory in Romania
I think this is a strategic move on GM's behalf, as the eastern-european automarket is what industry experts deem "emerging." As GM's presence in the region is steady, the market as a whole is expanding. Let us not forget that most chevys sold overseas are merely rebadged daewoos. Since GM wants to expand chevy's presence in Europe, and labor costs in the balkans is much lower than other european nations, I see this as smart.
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