AGL 38.30 Increased By ▲ 0.08 (0.21%)
AIRLINK 130.75 Increased By ▲ 1.78 (1.38%)
BOP 8.59 Increased By ▲ 0.74 (9.43%)
CNERGY 4.72 Increased By ▲ 0.06 (1.29%)
DCL 8.52 Increased By ▲ 0.20 (2.4%)
DFML 38.55 Decreased By ▼ -0.39 (-1%)
DGKC 84.03 Increased By ▲ 2.09 (2.55%)
FCCL 34.30 Increased By ▲ 0.88 (2.63%)
FFBL 76.20 Increased By ▲ 0.49 (0.65%)
FFL 12.68 Decreased By ▼ -0.14 (-1.09%)
HUBC 110.00 Decreased By ▼ -0.36 (-0.33%)
HUMNL 14.43 Increased By ▲ 0.42 (3%)
KEL 5.39 Increased By ▲ 0.24 (4.66%)
KOSM 7.79 Increased By ▲ 0.12 (1.56%)
MLCF 40.75 Increased By ▲ 0.95 (2.39%)
NBP 69.75 Decreased By ▼ -2.57 (-3.55%)
OGDC 189.90 Increased By ▲ 1.61 (0.86%)
PAEL 26.00 Increased By ▲ 0.37 (1.44%)
PIBTL 7.45 Increased By ▲ 0.08 (1.09%)
PPL 155.82 Increased By ▲ 3.15 (2.06%)
PRL 25.53 Increased By ▲ 0.14 (0.55%)
PTC 18.52 Increased By ▲ 0.82 (4.63%)
SEARL 82.39 Decreased By ▼ -0.03 (-0.04%)
TELE 7.79 Increased By ▲ 0.20 (2.64%)
TOMCL 32.80 Increased By ▲ 0.23 (0.71%)
TPLP 8.40 Decreased By ▼ -0.02 (-0.24%)
TREET 16.95 Increased By ▲ 0.17 (1.01%)
TRG 55.82 Decreased By ▼ -0.22 (-0.39%)
UNITY 29.00 Increased By ▲ 0.22 (0.76%)
WTL 1.34 Decreased By ▼ -0.01 (-0.74%)
BR100 10,679 Increased By 20.3 (0.19%)
BR30 31,711 Increased By 379.6 (1.21%)
KSE100 99,395 Increased By 125.3 (0.13%)
KSE30 30,942 Decreased By -90.5 (-0.29%)

German carmaker Opel, the loss-making arm of US auto giant General Motors, said Friday it will phase out not only auto production at its site in Bochum, western Germany, as previously announced, but other activities as well. "Opel will shut down its three factories at Bochum," a spokesman for Opel's Bochum site said.
Currently, more than 3,000 people are employed in the assembly of the group's Zafira model at Bochum. But there is also a logistics centre at the site, employing 420 people, and an engine factory with a workforce of 300. Under a deal worked out by GM at the end of February, Opel had offered to keep car production in Bochum until the end of 2016 after which the plant would be retained as a components and logistics site employing 1,200 people. But workers at the plant rejected the deal and so management said that auto production would be phased out at the end of 2014. Opel has three other sites in Germany - in Eisenach in eastern Germany, which builds the Corsa and Adam models; a components factory in Kaiserslautern in the south west.

Copyright Agence France-Presse, 2013

Comments

Comments are closed.