
Employees of US auto giant General Motors\' loss-making Opel unit in Germany are prepared to negotiate with management but will fight plant closures, a workers\' leader said Saturday. Rainer Einekel, head of the works council at the Bochum factory in western Germany, said a meeting of Opel\'s supervisory board on Wednesday had come up with nothing new. He said union representatives had proposed allowing Opel to export its products to growing markets outside Europe, something GM has always resisted. \"The ball is now in management\'s court\", he said, adding that \"we are ready to talk at any time\". But Einekel warned that workers who held a mass meeting Saturday at the behest of the works council were \"ready to fight\". An industry source said \"it is necessary for Opel to become profitable on a lasting basis\" and the options for doing so \"are not many\". He said that Opel would not survive the mooted closure of Bochum, with a workforce of 3,200, and the Vauxhall plant at Ellesmere Port in Britain, which would be \"the costliest in history\". Jobs at Opel are theoretically safe until the beginning of 2014, under an accord concluded at the last major shake-up in 2008 when 8,000 were lost, and current talks cover what might happen after that. GM\'s European operations have run up billions of dollars in losses over the past 10 years and it believes shutting down factories on both sides of the Atlantic as critical to restoring profitability in the region.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor