GM agrees to keep Belgian plant open for at least two years |
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Tue, 08 May 2007 18:05
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BERLIN (Thomson Financial) - General Motors said it will keep its Opel plant in Antwerp, Belgium open for at least the next two years after reaching a deal with trade unions.The company said the plant will produce up to 120,000 units per year -- roughly half its current output of 220,000-250,000 units per year -- of two new models aimed at the European market.Workers at the Antwerp plant had feared production would be cut to 80,000 cars per year as part of a production shake-up for the next generation of GM's Opel Astra model.Workers went on strike last week after GM announced plans last month to axe 1,400 jobs.The company cited a lack of demand as the reason to cut production levels and job numbers.tf.TFN-Europe_newsdesk@thomson.comafp/ms1COPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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