General Motors (GM -1.1%) plans to close a plant in Germany that produces cars for its Opel unit...

|About: General Motors Company (GM)|By:, SA News Editor

General Motors (GM -1.1%) plans to close a plant in Germany that produces cars for its Opel unit after 2016, but will agree to keep on workers until then despite the soft demand in Europe. Due to a restrictive labor deal, Opel has to dance around layoffs and closures while it continues to negotiate with labor unions.

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