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Industry / Hungary

GM Cuts Production In Hungary

April 2009 | Company News Alert

General Motors Powertrain (GM Powertrain), the Hungarian subsidiary of ailing US giant General Motors (GM), has announced plans to reduce production at its Szentgotthard plant to a four-day week. The carmaker revealed that engine production at the plant had so far been unaffected, despite a nearly 46% year-on-year (y-o-y) fall in domestic new car sales to 7,164 units in February, according to the Association des Constructeurs Européens d'Automobiles

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