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Lack of demand shuts Opel plants in Germany
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by pankaj kumar | October 7, 2008 at 01:55 am
359 views | 8 Recommendations | 11 comments
Slow down in the economy spreading auto sector in germany now manufacturor has started shuting iheir plants..
German carmaker Opel has announced it is temporarily suspending production at two of its plants due a sharp reduction in the demand for cars in the European market. According to the German daily “Bild Zeitung”, the production stoppage went into effect at the Opel plant in Bochum this week, impacting some 5000 employees there. The Opel plant in Eisenach is slated to be shut down for three weeks beginning on Monday, affecting another 1800 employees. Due to the drop in demand, Opel plans to produce 40,000 cars less this year
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Most RecentMost Recommended Comments (11)
at 02:07 on October 7th, 2008
pankaj kumar, I like this story. It's good stuff.
at 02:41 on October 7th, 2008
pankaj kumar, I like this story. It's good stuff. Wrong headline: no shutdown, temporary supending production. Opel germany will be the backbone for GM low consumption cars and hybrid electric cars. The Opel vectra is the base for other models.
at 02:59 on October 7th, 2008
I AGREE with your point but I have taken demand shut....not shut down..
It is the effect of lowering spending in europe too.
at 03:39 on October 7th, 2008
pankaj kumar, I like this story. It's good stuff.
at 03:41 on October 7th, 2008
earlier banks and now companys long way to go..
at 05:02 on October 7th, 2008
crisis is spreading in the economy these are the ripple effect f the financial crisis
at 05:16 on October 7th, 2008
pankaj kumar, I like this story. It's good stuff.
at 05:17 on October 7th, 2008
pankaj
where you see the future spread of the financial poison.
at 05:27 on October 7th, 2008
I think we are in the last leg of the crisis from here onward things wil slowly move towaeds betterments.
at 05:54 on October 7th, 2008
No wonder,Opel is part of mismanaged General Motors Corporation.
at 06:21 on October 7th, 2008
Here nothing to do with the brand .Bad economy is the cause of this act.