From the AP wire -
Quote:
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Basel said there is plenty of time to build the factory, install equipment and get it up and running in time to produce engines for the two new cars. The company already makes the 1.4-liter engine at a plant in Austria, she said, giving it another option for engines.
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I can understand not wanting to ship the engines from Austria, but you can ship a hell of a lot of engines for $350,000,000. There's probably capacity issues as well. But I really can't understand why GM would build a new engine plant for a vehicle they expect to
lose money on when they are bleeding $52,000 a minute.