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The viability plan of Opel is delayed until January


Filed under:Opel, German, Vauxhall, GM,
The viability plan of Opel is delayed until JanuaryNick Reilly, in charge at the moment of Vauxhall and Opel, unveiled that the viability plan of Opel might be actually delayed until next year in January, despite that he gave assurances, at the beginning, the plan goes public in the middle of December.

Reilly stated 'To ensure that prosperous future, our company needs great products and a winning product portfolio, which includes future technologies and investments. To that end, I held a day-long meeting with senior Opel leadership Tuesday to strategise on what needs be done now and in the New Year'.

'While it is indeed exciting to see that things are coming together, bear in mind this is going to be one of the largest, most complex industrial reorganisations in European manufacturing in years. It will affect thousands of people and their families; impact plants and other stakeholders'.

Some sources says GM wants to eliminate about 8,500 European jobs, Germany being the most damaged, affected state. It might stop the Antwerp factory too, but this decision in not taken yet.

He affirmed 'We are determined to do this right. We must do this right. Although we had hoped to have the new business model finalised in December, it appears that more work needs to be done and further consultations will not be rushed. I said earlier that we would have a plan in place by year-end. Now it looks like an announcement may slip into January. This is not a broken promise. It is a pledge to do something right'.