GM and Opel Heads to Meet Chancellor Angela Merkel Next Week image

GM CEO Dan Akerson and Opel head will meet Chancellor Angela Merkel on April 11th, along with the automaker’s board members.

GM CEO Dan Akerson and Opel’s chief executive Karl-Thomas Neumann will pay a visit to Chancellor Angela Merkel in Berlin on Thursday, April 11th, at 3 p.m. (1400 GMT). According to government spokesman Georg Streiter the closed-door meeting will last for an hour and will coincide with a meeting for GM’s board in Germany.

“It’s not a meeting that has been set up to talk about Opel,” Mr. Streiter said at a regular government press conference.

In March, workers at Opel’s Bochum plant in Germany, rejected the company’s restructuring deal, which was agreed by the management and union leaders. The restructuring strategy would have kept the plant open until the end of 2016, but it would have significantly reduced the number of employees. Now, with Opel struggling with more than decade of losses in Europe, the plant will most likely be closed at the end of 2014.

The closing of Bochum plant is part of this plan and marks the first German plant to be closed since WWII. Bochum was the only plant to reject the plan, while the other GM factories in Germany will continue working on frozen wages.