Opel discussing a labor proposal to rescue the plant in Antwerp

Article by Christian A., on August 26, 2010

Talks are ongoing for a labor proposal to save an Opel plant in Antwerp, Belgium, from being shut down, according to an Opel spokesman. A source said that the proposal anticipates finding a private investor who could potentially cooperate with Opel in producing convertible models.

In late January, CEO Nick Reilly said that it had plans for its Antwerp plant to close by June or July, unless an alternative could be found through negotiations with the unions.

Reilly said that GM has made several attempts to find another way but it had failed to do so. Back then, Reilly had said that the company is losing money and that there has to be action.

Opel's European works council, which regarded the closure as a "breach of contract" that would lead to millions in unnecessary costs, withdrew its offer to support Reilly's restructuring plan with 265 million euros in annual wage concessions.

The unions are upset as well with Reilly's intention to cut Opel's capacity by a fifth and eliminate 8,300 jobs in Europe. In an attempt to gain support from governments and unions, GM last week tripled its funding commitment for Opel and lowered its request for state aid. [via autonews - sub. required]

Topics: opel, belgium, production

If you liked the article, share on:

Pin It

Comments

Recommended

It’s quite safe to say that this generation marks the rise of the electric cars. For the past few years, automakers have been very busy trying to find the perfect...
by - March 28, 2017
Want to go for a sportier look, but don’t have enough cash to burn? Good news for future Ford Edge buyers, as the 2018 model year will have an optional...
by - March 28, 2017
Audi refreshes its portfolio as its go-faster division officially announces the release of six new RS models by the end of 2018. That’s quite a huge number of cars to...
by - March 28, 2017
Has Toyota started the production of a new electric supercharger? Well, a patent that was recently published indicated that they might have. And this electric supercharger looks more durable and...
by - March 27, 2017
The Tesla Model S has finally arrived in South Korean soil and is now available for test drive. But, there’s a catch. You’ll have to wait several months if you...
by - March 27, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries