GM could close Portugal plant in worst case

Newswire

FRANKFURT, May 30 (Reuters) - General Motors will work with labour representatives to find ways to cut enough costs to save its light commercial vehicle plant in Portugal but has not ruled out closing the factory, a GM spokesman said on Tuesday. "We hope that there is (a solution) because everybody is aware of the worst-case solution, which is to shut down this location," he said. The plant employs around 1,100 workers.

Premium Content (PAID Subscription Required)

"GM could close Portugal plant in worst case" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×