FRANKFURT, Dec 23 (Reuters) - General Motors' European unit Opel is cautiously optimistic that sales will grow enough in 2014 to avoid a further round of cost cutting, Chief Executive Karl-Thomas Neumann told newspaper Sueddeutsche Zeitung. Opel is on track to reach profitability by 2016, Neumann said, but the company expects a difficult year ahead, weighed down by restructuring costs for ending vehicle production at its factory in Bochum in Germany. "If the world doesn't come ...
To access this content simply register below now.
Registering is easy and allows you to:
- Access all WardsAuto.com public content and newswire stories
- Participate in forums
- Comment on articles
- Sign up for e-newsletters
And much more!