BERLIN (AP) - General Motors Co.'s chief executive has told workers at the struggling Opel unit that there are signs the company's effort to turn around its European operation is starting to work.
GM is trying to make its European business profitable after years of losses. Opel said Thursday GM Chairman and CEO Dan Akerson attended an employee meeting at its headquarters in Ruesselsheim, near Frankfurt.
Akerson said GM "needs a strong presence in Europe." It is pinning hopes in part on new models such as the Mokka small SUV and the Adam small car.
Akerson pointed to cost-cutting efforts and said "there are several positive signs that demonstrate that our corporate plan is starting to work." He added that the company is "not counting on a tailwind from the markets."
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
A study has a gloomy forecast for U.S. amphibians.
Clothes have a starring role at the Cannes Film Festival. (Photos)
Two brown bears rescued after 10 years in captivity.
A Philly bike courier takes his cat on cycling adventures. (Videos)