Opel said on Monday afternoon (18 October) that further negotiations over the future of its Antwerp, Belgium, assembly plant had ended and that vehicle assembly would stop at the end of this year.

“After a further meeting with a potential industrial investor, Opel confirms its statement of 4 October, 2010, that negotiations with this category of investors have concluded. There was no investor presenting a positive business case or a positive future for employees or the site,” the automaker said in a statement. 

“Opel also confirms that vehicle assembly operations in Antwerp will cease at the end of 2010 and that discussions with other categories of investors will intensify.”

Previous coverage here

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.