GM aims full plan to tackle excess Europe capacity

Newswire

By Tom Brown FAYENCE, France, Sept 21 (Reuters) - General Motors Corp will have a detailed plan to address excess capacity in Europe within two months as it prepares to step up restructuring efforts in the region, a senior company official said on Tuesday. The money-losing region, where Fritz Henderson took over as chairman in June after heading GM Asia-Pacific, has been under an almost constant state of restructuring since 1998. "We need to get this thing nailed down here in the next ...

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