The german economy death march

Opel plant in Bochum to close

Opel in Bochun
Opel’s Bochun plat is closing

Opel employs 3,300 people at the German Bochum plant, though some jobs might be saved.

“Despite rigorous efforts, there was no success in changing the situation,” Opel said in a statement.

“The main reasons are the dramatic declines in the European car market and the enormous overcapacity in the entire European auto industry.”

Opel has decided it needs to reduce its manufacturing capacity, after having lost money 12 years running.

Bochum is one of Opel’s four manufacturing plants in Germany, where it employs some 20,000 people.

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