Since GM has announced it's backing Opel's takeover by French carmaker PSA, employees at the Opel plant in Rüsselsheim, Germany, have been fearing for their jobs. DW's Michael Wetzel reports.
The new owner of Opel-Vauxhall says it won't begin involuntary layoffs at the loss making carmaker it bought from GM. The restructuring plan will see factories remain open and the brand expand to 20 new export markets.
Karl-Thomas Neumann, CEO of General Motors' European subsidiary, Opel, is stepping down. But he will stay on the board until Opel's takeover by French rival PSA is completed.
The French carmaker has completed its takeover of GM's European subsidiaries ahead of time, naming a new management to chart an attempted turnaround for the two struggling brands.
Employees are worried about the possible sale of carmaker Opel to French group PSA. DW reporter Christian Pricelius went to Opel's main factory in Rüsselsheim, Germany, to listen to them.
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