Stellantis Won't Split Off Opel Plants in Germany
November 17 2021 - 9:01AM
Dow Jones News
By Kim Richters
Two Opel plants in Germany will remain part of parent company
Stellantis NV's local subsidiary Opel Automobile GmbH, union IG
Metall said on Wednesday.
IG Metall said union representatives and the works council had
agreed with Opel that splitting off the sites in Eisenach and
Ruesselsheim was off the table, adding that Eisenach will remain a
subsidiary of Opel Automobile GmbH as an independent unit.
Stellantis had said earlier this year that it was considering
the legal split to make production more efficient and flexible.
"The separation and break-up of Opel was prevented and
employment secured," said IG Metall's Joerg Koehlinger in a
statement.
Stellantis confirmed the news in a separate release and said the
plant in Eisenach will start up shifts in the first week of January
with the production of the Opel Grandland model. It had said in
September that it would temporarily pause production at the site
due to the semiconductor shortage.
Write to Kim Richters at kim.richters@wsj.com
(END) Dow Jones Newswires
November 17, 2021 08:46 ET (13:46 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
Stellantis NV (BIT:STLA)
Historical Stock Chart
From Aug 2024 to Sep 2024
Stellantis NV (BIT:STLA)
Historical Stock Chart
From Sep 2023 to Sep 2024