
Spain’s government offered the fourth car incentives program in one year, extending a program to boost sales as the economy tries to emerge from a two-year recession.

Spain’s government offered the fourth car incentives program in one year, extending a program to boost sales as the economy tries to emerge from a two-year recession.

PSA is shutting its plant in Aulnay, France as part of a plan to eliminate about 11,200 jobs in the country by 2015.

General Motors’ Opel unit is offering severance packages to the 300 employees producing transmissions at its Bochum, Germany, plant who volunteer to leave this year as the carmaker prepares to shut the factory.

Opel will invest €130 million ($175.4 million) in its German engine and parts plant in Kaiserslautern to buy new tooling and machinery, the automaker said in a statement today.

Opel said it will continue to seek new markets outside Europe despite pulling out of Australia a year after launching sales in the country.