General
Motors’ European subsidiary Opel will close its main German plant for longer than
expected this summer because of poor sales, Associated Press (AP) reported.
Strategic
Review- |
Citing Opel spokeswoman Gudrun Langer, AP said that the Ruesselsheim factory
outside Frankfurt would be closed from July 2 until August 3, two weeks longer
than originally planned.
Demand for the Omega (Cadillac Catera in the U.S.) and Vectra models built
there had been weak, the spokeswoman told AP, adding that other plants, including
those at Bochum and Eisenach and an engine factory in Kaiserslautern, are to
work normally.
AP said that Opel began making production and job cuts last December and is
counting on help from GM subsidiary Saab of Sweden and GM Italian affiliate
Fiat to develop new models, cut costs and reduce losses.
Opel sold 136,000 cars in Germany in the first four months of the year, 2,000
less than in the year-earlier period, AP added.
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