GM will cut 900 jobs at U.K. plant

Article Abstract:

General Motors Corp. of the United States is cutting approximately 900 jobs at its Ellesmere Port plant in the United Kingdom. The move is to make the automobile manufacturer more competitive. Sales of the Astra model automobile are down and the European operation hasn't reported a profit for six years.

United Kingdom, United States, Company overview

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GM retrenches in Europe, shifts gaze east

Article Abstract:

General Motors Corp. announced that it will cut 1,400 jobs in Belgium while planning to double its production capacity in its Chinese plants by 2010. GE is also examining growth in India. The plans are aimed at offsetting $12 bil in net losses that GE has incurred during the past two years.

China, Foreign operations, Financial management, Belgium, India, Finance, Company financing, Downsizing

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GM will shut plant in Portugal, shifting work to Spanish factory

Article Abstract:

The European division of General Motors Corp. is closing its facility in Azambuja, Portugal, and moving production to a larger plant in Zaragoza, Spain. High costs were cited as a factor in the decision. The company will offer to help workers affected by the closure.

Plant shutdown, Spain, Portugal, Facility closures

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