GM likely to cut jobs in Europe, may close plant

Newswire

DETROIT, Sept 22 (Reuters) - General Motors Corp. , in the midst of reassessing its unprofitable European operations, is not ruling out closing a plant there and is likely to cut some jobs, a GM spokesman said on Wednesday. However, the spokesman denied a report in the London Daily Telegraph that the U.S. automaker would cut about 3,000 jobs in Europe or the equivalent of two vehicle assembly plants. "We really haven't completed the analysis," into how GM will deal with excess capacity ...

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