January 22, 2013 / 10:49 AM / 5 years ago

GM's Girsky says major cost cuts still needed at Opel

BERLIN, Jan 22 (Reuters) - General Motors is pushing for “further considerable” cost cuts at its loss-making European division Opel which will resume talks with workers on German operations on Tuesday, GM Vice Chairman Stephen Girsky wrote in a letter to employees.

“The situation in the entire European (car) market is still catastrophic,” Girsky wrote in the letter.

Reporting by Andreas Cremer

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