Posted On: 04/17/2013 8:00:07 AM
Post# of 28534

GM's Opel board meets to seal fate of German plant
FRANKFURT (Reuters) - Top executives from General Motors who sit on the board of loss-making European brand Opel are meeting on Wednesday to approve the first closure of a German car factory in decades. As part of a comprehensive turnaround plan, Opel will end producing Zafira MPVs at its 50-year old Bochum plant by the end of next year, a move that has triggered a rare and public split within union ranks following months of tough negotiations. ...



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