BY CHRISTOPH RAUWALD AND NICO SCHMIDT
RUESSELSHEIM, Germanyâ€"General Motors Co.'s lofty plan to return its long-troubled European unit to profitability is taking shape as the company heads into its first major showdown with the region's powerful labor unions amid the latest restructuring.
GM is preparing to make "unpopular decisions" to improve the efficiency of the region's underutilized factories, Karl Stracke, GM's Europe chief, said in an interview ahead of a companywide meeting with employees on Monday. He said GM won't increase exports as a means to bolster production and salvage factories, as the union leaders had hoped.
Any factory that remains after the restructuring should be ...
BY CHRISTOPH RAUWALD AND NICO SCHMIDT
RUESSELSHEIM, Germanyâ€"General Motors Co.'s lofty plan to return its long-troubled European unit to profitability is taking shape as the company heads into its first major showdown with the region's powerful labor unions amid the latest restructuring.
GM is preparing to make "unpopular decisions" to improve the efficiency of the region's underutilized factories, Karl Stracke, GM's Europe chief, said in an interview ahead of a companywide meeting with employees on Monday. He said GM won't increase exports as a means to bolster production and salvage factories, as the union leaders had hoped.
Any factory that remains after the restructuring should be ...
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