Opel's new owner, PSA, plans to cut half the workforce from the Opel plant in Eisenach, Germany, to make it competitive. The layoffs could affect not only metalworkers, but hurt the local economy.
According to a media report, automaker Opel is being investigated for manipulating vehicle emissions on about 60,000 cars worldwide. It is the first time the company has been named since Dieselgate broke in 2015.
French carmaker PSA has reported a strong sales increase for the first three months of the year after taking over struggling German auto manufacturer Opel. Employees at Opel's sites in Germany fear layoffs.
German carmaker Opel is still losing money six months on from its takeover by France's PSA Group. The new owner's first priority is to return Open to profitability. How is the effort progressing?
Britain’s business secretary Greg Clark is meeting the CEO of PSA Carlos Tavares in Paris to discuss job cuts at the Vauxhall car factory. UK politicians and unions are concerned about the future of the plant.
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