GM Europe has confirmed it will end production at one of its plants in Germany in 2016.
The Bochum plant, which employs 4,000 workers, had long been rumoured to face the axe as Europe's car industry continues to suffer from excess production capacity and as GM Europe tries to stem its losses.
The carmaker said it will continue to have a parts production and distribution centre at the site, but no new car is planned for Bochum once the current Vauxhall/Opel Zafira ends production in 2016.
An award-winning journalist and editor, with two decades of experience covering the motor retail industry, and accredited by the Institute of Leadership and Management (ILM) plus the National Council for the Training of Journalist (NCTJ)
As editor of AM since 2016, Tim is responsible for its media content, planning and production across AM's multiple channels, including the website, digital reports, webinars, social media and the editorial content of AM's events, Automotive Management Live and the AM Awards. His focus is on interviewing senior leaders of franchised dealer groups and motor manufacturer national sales companies to examine latest developments in UK motor retail.
ICEAGE - 11/12/2012 17:45
This is a start..... If they closed all their plants they would make more money.