Opel turnaround plan is General Motors getting remedial
Running plants at full-tilt with three shifts when the chips are down would be counterintuitive for an automaker, but GM is a global manufacturer, so it's expected that those Opel plants might be building Chevrolet models and cars intended for other markets, like Korea.
Layoffs are a particularly sore subject with German labor unions, but you can expect to see moves to shift wages down where possible. Opel may even cut a deal with the unions that avoids layoffs in exchange for wage concessions, and possibly push for a plant closure. Nobody expects the way forward to be easy, with the Germany's IG Metall trade union already having cut wages and agreed to reinvest 11 billion Euros in Opel's current business plan, everyone is expecting to have to swallow hard and make the tough decisions for GM of Europe to save itself.
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