Europe is a mess. The French auto industry is doing its best imitation of 1980s-era Flint, Michigan, Mitsubishi just sold an assembly plant for a single euro and pundits are calling for Ford and General Motors to just bail on the whole continent, where sales are dropping at an alarming rate.
Gm Of Europe
- Jeff Sabatini
- Jul 12, 2012
- Dan Roth
- Jun 27, 2012
Opel has stretched the patience of its parent General Motors and the ever-watchful financial markets are gazing upon the loss-making brand with a jaundiced eye. On Thursday, Opel management is expected to put forth a plan that provides a path to shrinking billions of dollars in losses while also increasing productivity. At the same time, the European car market is expected to tumble further throughout 2012.
- Chris Shunk
- Feb 2, 2010
2011 Chevrolet Cruze - click above for high-res image gallery
- Eric Bryant
- Jun 18, 2006
The protests are said to potentially impact the launch of the Opel Corsa, a subcompact product that is key to GM's European model line-up. GM workers in Western Europe are said to be deeply concerned about the potential for their assembly jobs moving to lower-cost sites towards the east, and GM has also stated that it will be bringing over additional product from South Korea.
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