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Opel’s Bochum plant to be closed in 2016


Opel told its 3,000 employees from the Bochum plant in Germany that it has no alternative but to end vehicle production in 2016. Despite the carmaker's efforts to rescue car manufacturing at the plant, there is no other solution but to shut it down at the end of the current Zafira's life cycle. "The main reasons are the dramatic declines in ...
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General Motors to close Opel Bochum plant after 2016
Opel said it aimed to close the Bochum plant after production of the current model of the Zafira Tourer ends in 2016. After almost 12 years of consecutive losses in Europe, ...
General Motors Korea has no plans to shift production to Europe
General Motors has no plans to shift production from its factories in South Korea to Europe – where the U.S. giant is trying to return its long-troubled European unit to ...
German IG Metall OK for 4.3 pct wage deal, vow to take on Opel
Germany's largest industrial union IG Metall reached a deal for a 4.3-percent pay increase with employers, after an all-night negotiating session ended early on Saturday, officials said at a news ...
GM prepares to close German plant, unions are unwilling to accept
General Motors (GM) Thursday said it will produce the next version of its best-sellling European model in England. The decision raises the stakes for negotiations with employees at its Bochum, Germany, ...
GM Wants to Close Plants in Favor of Low-Cost Countries
GM plans to transfer some production away from the UK and Germany to Eastern Europe, Asia and Latin America in order to reduce losses at Opel. GM hopes in the next ...
Opel to invest 14bln euros until 2014
Even if Opel is preparing to announce big losses for the fourth quarter of 2011, the German automaker plans to invest 14bln euros until 2014 in an unprecedented model offensive. “Among ...
Impact: GM to close Opel Factory in Germany?
General Motors Co. is preparing to disclose "horrendous" fourth quarter losses out of its European Opel/Vauxhall unit. Steep losses may now result in factory closures and layoffs, including the Opel ...

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