Bleeding Billions, GM Opens New Russian Factory

Dmitry Medvedev, President of the Russian Federation and Carl-Peter Forster, GM Vice President and President of GM Europe at the opening of GM's flexible new assembly plant in Shushary near St. Petersburg. General Motors invested 0 million in this new plant, where 1,700 employees will eventually assemble up to 70,000 Opel Antaras, Chevrolet Captivas and - as of 2009 - Chevrolet Cruzes annually. As U.S. lawmakers wrestle with how best to help the American auto industry, General Motors quiet

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