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Poor Performance: GM Considers Closing Opel Factory in Germany
US automaker General Motors is reportedly losing its patience with its European unit Opel/Vauxhall. Steep losses may now result in factory closures and layoffs, including the Opel factory in Bochum,...
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GM ‘scraps Opel – Peugeot Citroen merger’
General Motors has scrapped plans to merge its troubled German unit Opel with PSA Peugeot Citroen because of the French carmaker’s financial woes, a news report said Wednesday. WT news feed
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