Friday, July 6, 2012

GM tried to do some of the ways to improve hard condition in Europe

Chicago, -  GM tried to do some of the ways to improve conditions in Europe, including plans to close the Opel plant in Bochum, Germany, the end of 2016. Then try to establish cooperation with PSA Peugeot Citroen for joint vehicle development and practice of buying and selling. To maintain the situation, GM is also lobbying the union again in Germany related to the plant's closure plan, including a delay for a raise.

"It was hard condition in Europe. I think there will be rewards later," Akerson said. Although heavy, he added, will further improve conditions in accordance with the company's business development plans after 2016. The plan has even been approved by the directors of Opel in Frankfurt, Germany.

"If you look five years from now, I would be disappointed if we can not ultimately be profitable," lid Akerson.



The financial crisis that hit Europe feared would disrupt the global automotive market. Predicted weakening of the purchase took effect in the second half of this year, especially for brands that rely on Europe to develop. This condition is given Bos General Motors and Akerson in Chicago, reported by Autonews (05/28/2012).

"You could see a softening in Europe. If it ends weaker euro exchange rate, although I did not expect, will be a big influence, certainly for the United States and China," Akerson beber. Akerson, added, last year GM's  managed to restore the throne of the world's largest car manufacturer Toyota, the company's profit 9.19 billion U.S. dollars. This year, the priority to improve the situation, especially in Europe who have lost revenue to 16.4 billion U.S. dollars since 1999.