GM Evaluates Closing Two Opel Plants, Handelsblatt Reports

General Motors Co. (GM) is evaluating a potential closure of two of Adam Opel GmbH’s plants in Europe at a cost of 1.5 billion euros ($2 billion), Handelsblatt reported.

The factories in Ellesmere Port in the U.K and Bochum in Germany are particularly at risk, the newspaper said in a preview of an article that will be published tomorrow, citing unidentified people familiar with the plans. No decisions on any potential closures have yet been taken, Handelsblatt reported.

To contact the reporter on this story: Niklas Magnusson in Hamburg at nmagnusson1@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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