Thursday, September 13, 2012

GM Reportedly Plans to Reduce Opel’s Administrative Staff by 30 Percent or 1,000 Positions


Despite analysts’ advice that getting rid of Opel/Vauxhall and retaining Chevrolet as its sole European mass-marker brand is in GM’s best interest, the Detroit carmaker is determined to hold on to the German brand.

Doing so, though, involves restructuring the whole operation and making it more cost-effective to stop bleeding massive amounts of cash.

This has already been announced in the “Drive Opel 2022” 10-year plan that is the subject of GM’s negotiations with the workers’ unions.

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