Opel plant in Antwerp might be saved by General Motors

Article by Christian Andrei, on August 26, 2010

With the likelihood that fewer jobs will be lost, the union leaders in Belgium are opening up to a plan by General Motors Co. to grant a stay of execution to its Opel plant in Antwerp.

Last January, GM announced that Opel Antwerp would shut down at the end of June. This led to unions announcing the suspension of talks over GM's bid to secure 265 million euros ($358 million) in annual wage cuts over the next five years.

Last Monday, GM said that it was now suggesting that the Opel Antwerp plant be allowed to look for an investor until the end of September.

Union leaders say that the investor is required to take over by the end of the year. They also said that GM is considering cutting 1,200 of the 2,600 Opel Antwerp workforce.

Rudi Kennes, Opel's European deputy labor leader, viewed these developments as a sign of progress. However, the plant needed more than six months to get an investor and these job cuts exceed the 1,000 maximum unions were prepared to accept.

Kennes said that if Opel Chief Executive Nick Reilly is moving in the right direction then there could be a common solution. Reilly had upset labor leaders when he attempted to pursue a plan that would cut capacity by a fifth and dispose of 8,300 jobs in Europe. [via autonews - sub. required]

Topics: gm, opel, belgium

If you liked the article, share on:


Login or Create new account to add a comment!


We’re all excited as the year comes to an end especially as there are several things we’ve highly anticipated. Like always, the car industry has something new to offer; that’s...
by - October 28, 2016
Fuel economy is now an everyday term we hear and read in the automotive world. Just recently, some car manufacturers got into serious trouble for claiming false statements with regard...
by - October 28, 2016
More than three decades ago, the DeLorean DMC-12 was produced by the DeLorean Motor Company. However, production was stopped due to issues within the company. The car itself was decent...
by - October 27, 2016
Tesla is making sure that all models under production will receive the necessary advanced hardware that will allow them to be autonomously driven. The fitment of these advanced hardware to...
by - October 27, 2016
Wondering how fast the 2017 Chevrolet Camaro ZL1 in actual driving? To provide customers a good idea on how fast the 2017 Camaro ZL1 could really get, Chevrolet recently had...
by - October 27, 2016