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.

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Topics:  automaker   big three   carmaker   europe   general motors   job cuts   opel   opel job cuts   vauxhall   
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    Going forward, he said, GM Financial will cut back on leasing to reduce exposure ... Now, though, GM has plans that will downsize GM Financial. The automaker is selling its Opel and Vauxhall operations in Europe, along with the associated auto finance ...
    07/26/2017 - 5:08 am | View Link
  • GM profit beats Wall Street estimates, promises to cut inventory
    The results for the quarter excluded losses from the company's European operations, consisting of its German Opel brand and Britain's Vauxhall ... up 273,000 versus the same period in 2016. GM plans to cut North American production by 150,000 vehicles ...
    07/25/2017 - 1:36 am | View Link
  • TIMELINE
    1929: General Motors bought Opel. 1962: The company built a factory in Bochum and, later, plants in Kaiserslautern und Eisenach. 1999: GM Europe made a profit. 2004: GM announced plans to cut 12,000 jobs in Europe, of which about 6,000 were at Opel.
    03/5/2017 - 6:04 pm | View Link
  • How Opel Plans To Return To Profitability
    Now that that the company is leaner and better poised for action, we’re learning more how Opel plans to return to profitability ... been cut in half. Adds Neumann, “I have a lot of confidence about achieving our interim goal [of achieving ...
    06/4/2014 - 7:12 am | View Link
  • GM announces plans to close Opel Antwerp facility
    All told, the automaker estimates it will have to cut 8,300 jobs, including 4,000 in Germany alone. According to GM, Opel needs to cut its production capacity by 20 percent to remain viable; the the Antwerp facility made models that could be built elsewhere.
    01/23/2010 - 11:00 am | View Link
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  • PSA completes £1.9bn deal with GM to buy Opel and Vauxhall
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