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GM to cut hours for Opel workers in Germany

Aug. 22, 2016 7:24 AM ETGeneral Motors Company (GM) StockGMBy: Clark Schultz, SA News Editor
  • General Motors (NYSE:GM) plans to cut hours at two Opel plants in Germany to help counterbalance the impact of Brexit. Details on the planned action weren't disclosed.
  • GM CFO Chick Stevens says reduced manufacturing levels and model prices increases are other options being considered for Opel with an eye on profitability.

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