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Opel cuts thousands of jobs across Germany
| 1 Nov 12 15:37 CET
| (The Local/DAPD/bk)
Posted on 11/01/2012 12:49:42 PM PDT by Olog-hai
Thousands of German workers at Opel cars will lose their jobs in another round of cuts announced this week by the car makers owner General Motors. As many as 2,300 people have already been let go.
The company lost half a billion dollars in Europe alone in the third quarter, when it produced just 196,000 carsdown from 270,000 in the same quarter last year.
(Excerpt) Read more at thelocal.de ...
TOPICS: Business/Economy; Crime/Corruption; Foreign Affairs; Germany
KEYWORDS: bailouts; generalmotors; gm; opel
Thought that GM was saved by the federal government . . . ? What happened?
posted on 11/01/2012 12:49:48 PM PDT
posted on 11/01/2012 12:55:06 PM PDT
The auto industry in Europe is in the toilet...it’s not just GM.
posted on 11/01/2012 1:01:46 PM PDT
by Gay State Conservative
(Ambassador Stevens Is Dead And The Chevy Volt Is Alive)
“Bronco” indeed. I like to call him Pony Boy. Ever watch the doofus come down the steps of AF1. Looks like he’s got the reins of a pony in his hands.
To: technically right
"Looks like hes got the reins of a pony in his hands."
Well, he certainly resembles a prancing horse's @$$.
posted on 11/01/2012 1:23:44 PM PDT
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