Germany: GM Bochum closure costs could top €1bn

According to comments attributed to German labour union leader Rainer Einenkel, who was reportedly briefed by Opel's management ahead of a factory meeting, General Motors has allocated €500m (US$632m) to cover the costs of job losses if it goes ahead and closes Opel's Bochum, Germany assembly plant. Bochum currently employs Subscribe to Automotive World to … Continued

• By Webmaster
• June 18, 2012