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Nick Reilly, who was instrumental in helping establish GM's global business, regrets some of the withdrawal's the company has made around the world — especially in Europe.
Opel has reached an agreement with unions to trim working hours and offer early retirement packages. The deal is aimed at cutting costs after PSA acquired the money-losing automaker from GM.
Said PSA's Carlos Tavares: "We are moving from a world where the center of decision is Detroit to a world where the center of decision is not Paris, it's Ruesselsheim."
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