Gm Plans To Cut 10,000 Opel Jobs

General Motors confirms that it plans to cut 10,000 jobs across European car unit Opel, including Vauxhall.

Sections:  news   business   
Topics:  automaker   big three   carmaker   europe   general motors   job cuts   opel   opel job cuts   vauxhall   
  • Ford shareholders reject stock proposal
    Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
  • Spain education sector hit by strike against cuts
    Thousands of students and teachers staged a strike across Spain on Thursday to protest government austerity measures and a planned new education reforms. More
  • In Germany, a U.S. beer invasion
    Almost 65 years after Allied planes flew Western supplies into blockaded Berlin, a new American import is arriving by air: craft beer. The beer is being flown in as part of a new surge of German interest in American brewing, upending a centuries-old relationship in which German beer defined the golden standard for brewing and Americans emulated it. More
  • Cyprus parliament approves bailoutCyprus parliament approves bailout
    Cyprus' lawmakers approved on Tuesday a multi-billion bailout agreement with international creditors aimed at preventing the crisis-hit country from going bankrupt. More
  • Baby food shortage in Europe due to China demandBaby food shortage in Europe due to China demand
    Yong-Hee Kim still can't believe that in a prosperous country like Germany, powdered baby formula would ever be rationed and that she would have to scour shops in the German capital to find the right brand for her 13-month-old son. More
  • TOPIC IN FOCUS: PSMA Rus suspends production on weak sales -
    ... plans to cut their production. General Motors said on March 18 that it would phase out selling Opel and ... in Russia by the end of 2015. GM ...
    03/27/2015 - 4:45 am | View Link
  • Volkswagen to cut working hours, jobs at Russian plant - Yahoo! Finance
    Volkswagen to cut working hours, jobs at Russian plant - Reuters UK
    03/23/2015 - 7:15 am | View Link
  • More
  • Opel Brass Insists Company Will Be Profitable in 2016
    However, GM has slowly managed to right the ship and Neumann promises the company will return to profitability by 2016 at the latest. Meanwhile, he plans to raise Opel’s operating return to 5 percent by 2022, based on earnings before interest and tax.
    04/11/2015 - 10:10 am | View Link
  • GM Reshuffles Finance Team
    General Motors Co. GM 0.77 % is again reshuffling its finance team, appointing the youngest treasurer in its history as it intensifies plans to invest in car-assembly ... pension plan costs in 2012 and 2013. GM cut more than $30 billion from its ...
    04/10/2015 - 10:33 am | View Link
  • GM is learning to pick its battles, Ammann says
    NEW YORK -- General Motors' decision last month to end production and most sales in Russia reflects a greater inclination by its executives to place bets where the company can win -- and cut bait ... Between Opel and Chevrolet, GM had a respectable 7.4 ...
    04/5/2015 - 4:11 pm | View Link
  • GM to pull Opel, most Chevy cars from Russia
    General Motors Co. said Wednesday it plans to stop ... emerging market for GM and its Chevy brand. In 2013, Russia was one of the five top global markets for Chevy brand sales. GM sold 123,000 Chevys, 1,300 Cadillacs and 65,000 Opel vehicles in Russia ...
    03/18/2015 - 2:06 am | View Link
  • GM Opel Plans More Job Cuts
    General Motors Company’s (GM) European arm, Opel, has reported more bad news. The ill-fated unit now plans to cut its administrative workforce by 30% or 1,000 jobs at its Ruesselsheim headquarters in Germany, according to German newspaper Frankfurter ...
    09/13/2012 - 6:04 pm | View Link
  • More
  • General Motors
    General Motors Company, commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets and ...
    04/16/2015 - 7:25 am | View Website
  • Career Advancement Opportunities | GM Career Programs
    Take Your Career to the Next Level. Bring your talent to GM – our opportunities for growth span the globe. We will give you the training and opportunities to ...
    04/12/2015 - 11:36 pm | View Website
  • GM all but abandons Russia; Ford boosts its bet on the ...
    These days, GM is willing to cut bait in tough overseas markets if Chief Executive Officer Mary Barra and her team don't see strong returns. In the years ...
    03/18/2015 - 5:32 pm | View Website
  • GM to pull Opel out of Russia and cut back Chevrolet ...
    US car giant General Motors is to pull its Opel brand in Russia after plummeting sales, and significantly cut back Chevrolet production. GM will focus on selling top ...
    03/18/2015 - 1:00 pm | View Website
  • GM to Indefinitely Idle Russian Assembly Plant
    General Motors is closing its plant in Russia and stopping sale of many of its products in that market, a strategic shift aimed at meeting European profit ...
    03/18/2015 - 11:27 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News