ksl.comKSL TVKSL Newsradio

Share


0
Comments
GM says main plant in Germany crucial to its plans
November 25th, 2009 @ 4:23am

WIESBADEN, Germany (AP) - General Motors Co.'s top European official underlined the future importance of Opel's biggest German plant on Wednesday, while reiterating that there likely will be up to 9,500 jobs cut across the continent.

The Ruesselsheim factory in western Germany is not only a manufacturing plant but also a development center for Opel, Nick Reilly said after meeting with the governor of Hesse state, Roland Koch.

The fact that GM Europe is relocating its headquarters from Zurich to Ruesselsheim is "an indication of how important we believe this site will be," Reilly said.

He declined to give details of plans for the future of other Opel sites other than repeating that a restructuring plan is expected to bring up to 9,500 job cuts across Europe.

GM was expected to present details of the plan to employee representatives later in the day.

Reilly has indicated that two other German plants, in Bochum and Kaiserslautern, will remain open, but has not spoken about plans for the fourth German site, in Eisenach.

Opel and sister brand Vauxhall also have plants in countries including Belgium, Britain, Poland and Spain.

GM shocked Germany and other European countries earlier this month by abruptly canceling the planned sale of a majority in Opel to a consortium of Canadian auto parts maker Magna International Inc. and Russian lender Sberbank.

Opel employs around 45,000 people in Europe, about 25,000 of them in Germany.

On Monday, GM asked European governments to help pay most of the euro3.3 billion ($4.9 billion) it needs to restructure its European operations.


(Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Most Popular
Site Index

News

Weather

Traffic

TV

Sports

Opinion

Radio

Classifieds

Announcements

Events

Movies

Advertise with KSL

Other Resources

Wireless

Legal

Sister Sites

© 2009 ksl.com       KSL Television & Radio, Salt Lake City UT       A Division of Bonneville International   m26
KSL's public inspection files, including the Children's Television Programming Reports and the DTV Quarterly Activity Station Report, are available for viewing during regular office hours at the KSL Broadcast House.