The closing was only delayed two months, to 31 December 2006, said the EMF. “This closure of a profitable plant is not a reduction of overcapacity or the restructuring of a crippled company”. The president of the European work’s council (European Employee’s Forum), Franz Klaus (IG Metall) rips the change of GME ’s strategy i.e. the plans to close its plants in Western Europe and to transfer production to Eastern Europe.
The EMF estimates that General Motors “has a moral and contractual...