Car plants in balance as Opel board meets

Newswire

FRANKFURT, March 28 (Reuters) - The board of loss-making European carmaker Opel meets on Thursday under pressure from U.S. parent General Motors to stop the rot, with thousands of workers in Germany and Britain fearing the closure of their plants. Economic weakness across much of Europe has hit car sales, forcing makers to confront bloated fixed costs and a capacity overhang in the sector that GM Chief Executive Dan Akerson estimates at 10 plants across the continent. Few in Europe have so ...

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