GM Europe May Create New Company, Move HQ
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General Motors may bundle its European operations in a new company based in Brussels in a move to cut costs and simplify management structures, a German newspaper reported on Saturday.
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RUESSELSHEIM, Germany - General Motors Europe announced Thursday that it will cut 12,000 jobs on the continent by the end of 2006 in a plan aimed at saving $617 million per year.  ..
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General Motors aims to restructure  its loss-making European operations without resorting to  involuntary redundancies or shuttering any plants, GM employee  representatives said on Wednesday.
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The company is fumbling in its attempts to move to a new business model.
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General Motors President Rick Wagoner on Tuesday said that new emissions targets the European Union is preparing to impose would prove to be a &quot;stretch&quot; for the world's biggest carmaker.
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The European Union's executive arm unveiled a drive to inject new life into Europe's auto sector -- prompting cries of alarm at privileged support for a pivotal industry.
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General Motors Corp. offered German workers generous buyouts Thursday to pave the way for up to 12,000 job cuts in Europe, where the world&#39;s largest automaker is struggling to end years of losses amid fierce competition and weak demand.
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Thousands of General Motors workers across Europe waited for a verdict Thursday on how the world's largest automaker would shake up its money-losing Opel, Saab and Vauxhall operations, with costly plants in Germany considered prime targets for possible job cuts.
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FRANKFURT: General Motors Europe will chop 12,000 jobs over two years - around a fifth of its workforce - to lop 500 million euros ($673m) from costs at the loss-making business, it reaffirmed yesterday.First ...
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As restructuring talks continue, Opel&#39;s works council and US parent company General Motors are considering a possible merger of GM&#39;s European subsidiaries.
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DellÂ is considering opening a second European production plant to support its steady growth on the continent.
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Dell is looking to open its second European production plant, its chairman says, and a source familiar with the plan says the company is considering a location in France.
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General Motors Corp  will step up consolidation of dealerships handling its three luxury brands in a bid to shore up profitability, the automaker's chief executive said on Saturday.
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General Motors Corp. (GM.N: Quote, Profile, Research) , in the midst of reassessing its unprofitable European operations, is not ruling out closing a plant there and is likely to cut some jobs, a GM spokesman said on Wednesday.
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Like moths to a nightlight, the European Uniona s 10 new member countries are attracting new manufacturing companies from across Europe.
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General Motors Corp. GM.N, in the  midst of reassessing its unprofitable European operations, is  not ruling out closing a plant there and is likely to cut some  jobs, a GM spokesman said on Wednesday.
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MOVING companies are taking Western firm's staff and operations to new regions with the opening and development of the economies of Eastern Europe and Asia.