GM doubling new Russia plant capacity
30 March 2007 | Source: just-auto.com editorial team
General Motors Europe president, Carl-Peter Forster, has announced that the world's largest car maker will more than double the originally planned capacity of the new assembly plant it is building in Shushary on the outskirts of Russia's second city, St Petersburg, to 70,000 units a year.
"Russia is our biggest market for Chevrolet in Europe," said Forster. "Demand continues to grow and we will be in an even better position to meet that demand when Shushary goes on stream in 2008."
The Russian vehicle market became the fifth largest in Europe in 2006 with year-on-year growth of 22%, according to GM, which said it sold more than 132,000 cars there last year, of which over 84% were Chevrolets. In the first two months of 2007, 25,981 GM cars (20,805 Chevrolet) were sold in Russia.
General Motors is investing $300m in the St Petersburg project. The new plant will complement existing GM operations in Togliatti and Kaliningrad.