General Motors in fresh job cuts

General Motors has revealed plans to cut 8,300 jobs as it restructures its Opel/Vauxhall operations in Europe. The US carmaker wants to reduce plant capacity by 20 per cent to help it achieve profitability by 2012. GM also asked Germany for €1.5bn (£1.3bn) in state aid. In the UK, 369 jobs will go at GM’s commercial vehicle plant in Luton.