UPDATE 1-Cost shadow hangs over GM Europe plant in Portugal

Newswire

(Adds quotes, background) FRANKFURT, May 30 (Reuters) - General Motors will seek cost cuts to save its uncompetitive light commercial vehicle plant in Portugal, but has not ruled out closing the factory, the world's biggest carmaker said on Tuesday. A months-long strategic review of its commercial vans business puts a question mark over the future of the Azambuja plant, which made around 74,000 Combo panel vans last year. "An analysis of Combo production at the Azambuja plant in ...

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