Opel opens EUR500m engine plant in Szentgotthard, Hungary
German carmaker Opel, subsidiary of the General Motors, has opened a new EUR500m engine plant in Szentgotthard, Hungary.
As many as 10,500 Opel jobs in Europe could be cut, including nearly half of them in Germany, the co-chief executive of Magna International Inc. said Monday- a move likely to draw strident criticism in countries where the automaker has operations.