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GM to expand in low-cost areas
General Motors may expand production capacity in low-cost countries while closing its Bochum plant in Germany and Ellesmere Port site in Britain, a German magazine said, citing an internal strategy document. If vehicle sales rise, GM would build the additional cars in countries such as Poland, Russia, China, India, Mexico and Brazil, Der Spiegel said, quoting the document, entitled “Global Assembly Footprint”. “No decision has been made in this regard for Opel’s car production,” a spokesman for GM in Europe said.