BAIC plans Opel plant in China, Europe job cutsChinese auto maker BAIC, which is offering 922 million dollars for a majority stake in Opel, plans to build a plant in China and cut jobs in Europe if its bid succeeds, a report said. In a non-binding offer submitted last week for the German-based unit of General Motors, BAIC proposed to spend two billion dollars on what would become Opel's first factory in China, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Financial Times. The plant would come online in 2012 and make Opel models specifically geared towards the China market. In addition, BAIC would use Opel's German plants to export to China, the London-based newspaper said. The Chinese auto maker also planned to shut down General Motors' Antwerp plant in Belgium and cut Opel's workforce across Europe, the report said, citing unnamed sources close to the matter. A German economic ministry spokesman said this week that BAIC had written to German officials regarding Opel, without elaborating. But earlier German press reports said the Chinese firm had proposed to take a 51-percent stake in Opel for 660 million euros (921.5 million dollars) with state guarantees of 2.64 billion euros. BAIC's offer could put pressure on negotiations already underway for Opel. Canadian Canadian (kənā`dēən), river, 906 mi (1,458 km) long, rising in NE New Mexico. and flowing E across N Texas and central Oklahoma into the Arkansas River in E Oklahoma. auto parts Auto parts are components of automobiles. They mainly are, in alphabetic order (only car specific articles or articles with car section):
According to German reports Carl-Peter Forster, head of GM Europe General Motors Europe is responsible for the operation of GM businesses in Europe. GM Europe operates 11 production and assembly facilities in 8 countries and employs around 64,500 people. , has said he hopes Opel will be bought by Magna by mid-July, adding that the Canadian firm had a "considerable lead" on other possible buyers. An executive at BAIC's press office refused to comment when contacted by AFP (1) (AppleTalk Filing Protocol) The file sharing protocol used in an AppleTalk network. In order for non-Apple networks to access data in an AppleShare server, their protocols must translate into the AFP language. See file sharing protocol. on Tuesday. 
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