AUTO INDUSTRY NEWS

Opel, GM approves first German plant closure in decades

Opel, GM approves first German plant closure in decades image

Text: / Photos: Opel Press | posted April 18, 2013 11:56

Opel Bochum plant to close

As part of a plan to turn around the problems of Opel, they have approved the closure of the Bochum factory by 2015; the first such closure of a German auto factory in decades.

General Motors in Europe has been steadily losing for 13 continuous years, and the plant (which produces the Zafira MPV) is a key part in the strategy to restoring the company to profitability by 2015.

The closure of the Bochum plant means the loss of 3,000 jobs, a move that has earned the criticism of labor and union leaders.