Opel to cut Russian production as market declines  [ Russia ]

General Motors's Opel unit announced on September 16 that it is taking immediate measures in Russia to react to the difficult market environment and realigns its Russian operations. At GM's St. Petersburg plant, production volumes will be reduced by moving back to a one-shift operation, eliminating 25 percent or 500 jobs at the plant, from 2,000 today. The company will offer packages to enable ...
<Sep 19, 2014>