Opel Plans to Invest 130M Euro in German Plant image

Opel announced today, September 25th, that it will make an investment of more than 130 million euro into a plant located in Kaiserslautern, Germany.

Opel said that the money will be used for engine production, front seat structures and body components manufacturing , all for the next-generation Opel Astra, but also for components and axles for the next-generation Opel Insignia. The Kaiserslautern plant has 2,200 workers and manufactures engines and components for the Opel Insignia, Zafira, Meriva, Corsa, Astra and Adam.

“Kaiserslautern delivers high-tech products to our automobile production plants which are of the highest quality,” Karl-Thomas Neumann, chairman of Opel and president of GM Europe, said in a statement. “In this way, the plant makes a significant contribution to the success of our automobiles and to our product offensive, which will secure the launch of 23 new models and 13 new power units over the course of the coming years.”

Recently, Les Echos newspaper published a report according to which Opel plans to manufacture the next-generation Zafira at Peugeot’s Sochaux plant located in France. The Zafira minivan is currently manufactured at Peugeot’s Bochum plant in Germany, which is to be closed by the end of 2014. The newspaper said that the production at the Sochaux plant is part of a deal signed between Opel and Peugeot at the beginning of 2012.

Source: detroitnews.com