Chinaโs SAIC plans to build first EU car plant in Spainโs Galicia
Chinaโs SAIC Motor plans to set โ up a car โ factory in Spainโs โ northwestern region of Galicia that would be its first production facility in the European Union, the regional government said on Monday. Galiciaโs leader Alfonso Rueda said his administration โhad given strategic priority to the project, with an initial investment envisaged at around โฌ200 million (US$232 million). The project, which includes a logistics hub, still requires the central governmentโs approval for foreign direct...