After announcing earlier in the day that it would retain control Opel, GM's John Smith said the company plans to cut around 10,000 jobs at the European division.
GM wants to cut costs by 30% at Opel, a European unit that employs more than 50,000 people, Smith said during a telephone news conference.
Copyright Agence France-Presse, 2002-2025. AFP text, photos, graphics and logos shall not be reproduced, published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP shall not be held liable for any delays, inaccuracies, errors or omissions in any AFP content, or for any actions taken in consequence.