SAIC Motor to build first EU car plant in Spain's Galicia
SAIC Motor plans to invest 200 million euros in a car factory in Galicia. The plant will be its first in the EU and aims to produce 120,000 vehicles by 2028.
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SAIC Motor Corp plans to build its first European Union production facility in Galicia, Spain, with an initial €200 million investment. The regional government announced the project on Monday, granting it strategic priority status. The central government must still approve the foreign direct investment before construction can begin.
