* Revamp envisions 9,000-9,500 job cuts - GM's Reilly * Germany's Merkel says GM has paid back loan * Reilly says Germany's Bochum plant is safe for now (Fixes typo in word 'reporters' in paragraph 2) By Tom Kaeckenhoff and Erik Kirschbaum DUESSELDORF/BERLIN, Nov 24 (Reuters) - General Motors [GM.UL] has paid back a loan from Germany and slightly lowered its target for job cuts at struggling European unit Opel. Nick Reilly, the boss brought in from GM's thriving Asian operations ...
Premium Content (PAID Subscription Required)
"RPT-UPDATE 2-GM pays back Germany, signals fewer job cuts" 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!
Current subscribers, please login or CLICK for support information.