Companies / Belgium
GM, Victim Of Its Own Success?
November 2006 | Company News AlertAccording to German industry magazine Automobilwoche, General Motors Europe is to cut production of its Astra and Vectra vehicles by about 9% in 2007. The move comes on the back of dwindling sales of the Astra, against the success of GM's Corsa vehicle. As General Motors grapples with the problem of over capacity, an ill afflicting other carmakers in Western Europe, the manufacturer's plants in Germany and Belgium now have the spectre of closure looming over
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