A total of 500m dollars (368.4m euros) a year. This is the value of auto parts General Motors, the world's leading carmaker, plans to buy from Romania, according to company representatives. "At present, the value of auto parts purchased by GM from Romania stands at 170m dollars (125.2m euros). We want this value to increase to 500m dollars (368.4m euros) within the next two or three years," Julie Hamp, vice-president of communications of General Motors Europe, told ZF. In 2006, the total value of exported auto parts reached 1.788bn euros, which means the 125.2m-euro volume acquired by GM accounts for 7% of total subassembly exports. "At present, GM has 30 suppliers in Romania, a number set to double within the next two years. GM is expanding activities related to the acquisition of auto parts from Romania and we are also collaborating with domestic producers to reach the necessary volume in order to deliver to all GM plants worldwide," added Hamp. At present, according to GM representatives, the US carmaker acquires from Romania cables from Delphi Packard, lighting systems from Elba and steering wheels from Takata. A GM team visited Romania this month to gain further insight into domestic suppliers and the Romanian market. GM is also considering building a plant near Cluj for assembling Opel vehicles. In addition, sources from the car industry have told Mediafax, that the decision on the construction of Romanian plant will be made in October or November.
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