Opel to end car production at German plant

Opel to end car production at German plant

PanARMENIAN.Net - General Motors Co.'s Opel unit says it plans to end car production at one of its plants in Germany in 2016 but the factory may instead be used for component manufacturing, The Associated Press reported.

Opel said employees at the Bochum plant in northwestern Germany — one of four in the country — were informed Monday, Dec 10, that vehicle production there will end as expected when the company stops making the Zafira model.

But it says the company's warehouse in Bochum will continue to employ people after 2016 and may be expanded. Opel also is negotiating with employee representatives to produce components at the site.

Opel has been struggling amid economic gloom in Europe and overcapacity in the auto industry. It announced a turnaround plan in June that would involve cuts and new models.

 Top stories
Ameria’s management staff, partners and public agencies, as well as local and int’l organizations are participating in the Oct 14-15 master classes.
In 2014, Ameriabank expanded its range of retail services with new offers, also providing more flexible and transparent terms of service.
Since 2010 the EBRD, EIB and EU have contributed a total of €30 million for the improvements carried out in two phases.
NCFA said its participation in this major exhibition aims to promote Armenia’s tourism opportunities at the European markets.
Partner news