GM Wants To Close Plants In Britain, Expand Production In Mexico, Brazil, China
Detroit, MI -
General Motors is wanting to close it's assembly and manufacturing plant's in the U.K. and Germany while expanding production in Mexico, Brazil, China and Russia according to reports.
Hoping to cut costs and that sales continue to increase, GM said it wants to close its facilities at Bochum plant in Germany and Ellesmere Port site in Britain because they are expensive to operate and have high labor costs. The automaker want to expand its facilities or increase production in Poland, Russia, China, India, Mexico and Brazil according to Reuters because they have significantly lower operational costs.
Recently GM reclaimed its title as the world's largest auto maker as it continues to climb out of the wreckage of its past recession when it was forces to sell of some of its brands and take government bailouts from the U.S. and Canada.
A spokesman for GM's European-based Opel unit said GM would always seize the opportunities the global automotive market offered, while declining further comment.