GM to expand capacity in low-cost countries: magazine

General Motors may expand production capacity in low-cost countries while closing its Bochum plant in Germany and Ellesmere Port site in Britain, a German magazine said, citing an internal strategy document. ...

LONDON (Reuters) - General Motors Co opted to build the next generation of its Astra compact in Britain, leaving its plant in Bochum, Germany in danger of closure as it revamps the business to counter more than a decade of losses in Europe. The U.S. carmaker said on Thursday it would invest $200 million in its Ellesmere Port plant in northwest England to build the car after workers at the site overwhelmingly agreed to a new pay deal. ...

FRANKFURT (Reut

LONDON (Reuters) - General Motors Co will build the next generation of its Astra compact in Britain after workers at its factory in Ellesmere Port, northwest England, overwhelmingly agreed to a new labor deal, leaving its plant in Bochum, Germany in danger of closure. The U.S. carmaker said on Thursday it would invest 125 million pounds ($199 million) in the Ellesmere Port plant, where assembly of the new vehicle will start in 2015. ...

FRANKFURT (Reuters) - General Motors Co's Opel unit came a major step neare

BOCHUM/BERLIN, Germany (Reuters) - The head of German carmaker Opel, under pressure from parent General Motors to end losses, refused to promise workers at its plant in Bochum on Monday that their jobs would be safeguarded after 2014. The plant, located in the rust-belt Ruhr region devastated by coal mine closures, is expected to shut after the company chose to build the next generation of its popular Astra compact in Britain and Poland where wages are cheaper. ...

LONDON (Reuters) - General Motors Co will build the next generation of its Astra compact in Britain after workers at its factory in Ellesmere Port, northwest England, overwhelmingly agreed to a new labor deal, leaving its plant in Bochum, Germany in danger of closure.