Opel To Start Selling Cars In Chile

BERLIN (AP) -- General Motors Co.'s Opel unit says it will begin selling cars next year in Chile, its first Latin American market.

Opel increasingly is looking to markets beyond its European base as it works to return to profitability.

The company said Wednesday that it is "currently preparing to enter more growth markets."

It didn't give details but noted that it already has signed a memorandum of understanding with Shlomo Group to export cars to Israel.

Michael Klaus, the executive director of Opel international operations, said that "German automotive engineering has a high appeal in South America and we are glad to start with Chile."
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