GM Europe guarantees 5 plants through 2016 - union


FRANKFURT, April 29 (Reuters) - General Motors agreed with senior labour representatives not to close five European plants or lay off 10,000 workers employed there through the end of 2016, GM Europe's works council said on Tuesday. As part of the deal, its endangered Antwerp plant received a new lease on life after a deal was struck to build two new sport utility vehicles with planned production of 120,000 units per year that were originally planned for China, with the possibility of a ...

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