GM has a huge problem in Bochum – or an unexpected opportunity.  Workers at Opel’s Bochum plant yesterday refused a restructuring plan that would guarantee auto production in Bochum through 2016, and that would keep the plant making components after that. GM answered on the same day:  ”Production of the Zafira Tourer and  the waiver of enforced redundancy will end after 2014.” This would open the door to closing the doors in Bochum.

It also could become extremely costly for GM. (Read More…)

“This would be the most expensive plant closure of all times,” warned Rainer Einenkel, chief of Opel’s works council and Vice Chairman of its supervisory board.  “This would cost GM billions,” Einenkel said today at a news conference following a staff meeting in Bochum. “Opel would not survive this.” (Read More…)