European Stars and Stripes (Newspaper) - December 19, 1991, Darmstadt, Hesse Page 2 c the stars and stripes thursday december 19, 1991gm from Page 1 enough to offset the huge automotive losses. Pm lost $2.2 billion during the first nine months of this year and Isnit expected to show a profit until Well into 1992. A we must make fundamental changes in the Way general motors does business if we Are to improve our performance a the statement quoted Stempel As saying. The program Stempel announced wednesday also would a Cut capital spending for next year to $6.6 billion Down $1.1 billion from previous plans. A freeze hiring next year a except for special situations such As in the technical and High skill a implement a two week shutdown of North american operations beginning july 20,1992. A extend for the second year in a Row the suspension of $600 Christmas bonuses for salaried employees. The statement said one of Gmys two plants making Large rear wheel drive cans would be shut Down in 1992, but it did no to say whether the Arlington Texas or Willow run Plant outside Ypsilanti mich., would get the a. In addition at least one of pm s five plants making mid sized front wheel drive cars would be closed next year. The possibilities Are in Oklahoma City Oshawa Ontario Doraville a. Kansas City Kan. And Ramos Arizpe Mexico. The statement did not say where the other Assembly Plant closings would occur. These closings Are in addition to the four Assembly plants pm already announced it would Idle. Starting in 1993, pm said it will Stop making v6 engines in Lansing mich., plants no. 1 and no. 3. These engine lines will be consolidated into plants in Flint mich., and Tonawanda . Stempel said the restructuring will result in a charge against Gmys earnings but the size of the charge and its timing have not been determined. The size of the reduction was widely anticipated by Wall Street and seems to be in line with what financial analysts had expected. There has been a concern that a shallow Cut in pm operations could trigger a loss of Confidence in the automaker and further damage the Price of its Stock which has been trading at four year lows. At 1 . Wednesday pm common Stock was trading at $27,625, Down 50 cents from tuesday s close. Pm the worlds largest automaker has More than 300,000 Active hourly workers and about 94,000 salaried employees in the United states. A Law contract negotiated last fall requires that Laid off workers get payments supplementing unemployment checks to bring their benefits to 95 percent of their Normal take Home pay. After 36 weeks the workers must be rehired or put in a special Job Pool at full pay. The contract expires in 1993. Even before the official announcement workers coming off the overnight shift at the Arlington Plant reacted with fear and disbelief. A a we re just holding our breath. We done to know what a going to happen a said George Grishman 64, who has worked at the Arlington Plant for seven years. A you just have to look for another Job. It reaches Down to every Nook and cranny in your life. A shoppers Jam Berlin stores and streets despite High unemployment and other economic problems in reunited Germany. See Story on Page 10. Haitian deportation halted a judge in Miami issued a new order preventing deportation of thousands of haitian refugees to their strife torn nation. A Page 4 Mideast talks mired Little Progress has been made in the Middle East peace talks and israeli officials said tuesday that they will leave Washington signalling an end to the first round. A pages Honecker a Fate undecided an air plane standing by to take Erich Honecker to North Korea has left without him dragging out the dispute Over the Fate of the former East German Leader. A Page 8 message of Hope hundreds of Pentagon employees gathered in the building s Center courtyard tuesday to hear evangelist Billy grahams Christmas message which called for renewed Hope for world peace. A Page 10 reality of recession in a sudden about face the White House said the nation is still gripped by recession and the administration is reportedly considering tax rebates. A Page 18 Index Abby Ann Landers 15 comics.15-17 commentary.13 crossword .15 faces in places .14 letters .12 Money matters. 18 sports.19-24 to listings.23 weather.11russia from Page 1 to russian jurisdiction As would the soviet state Bank. Even the soviet Flag is to go the reports said. Yeltsin said in an interview published in tuesdays editions of the italian newspaper la Republica that a there will be no More red but Yeltsin a plan to base a pared Down version of the 27,000-warhead nuclear Arsenal entirely in Russia ran into opposition tuesday from the president of Kazakhstan the second largest soviet re London up the court appointed administrators running the private Empire of the late publisher Robert Maxwell said wednesday an edition of the London based weekly the european would be published Friday overturning a decision to shut Down the newspaper. In a statement administrators said they had decided to publish the edition because a the likelihood of a Sale would be More promising if there was no break in publishing several offers for the paper reportedly have been received As Well As recent expressions of interest from other parties. By eff1e Bathen Niernberg Bureau Munich Germany a two cafes gasoline stations located on autobahn in Southern Germany will cease operation at the close of business dec. 31. The closure of the in Olstadt and Leip Heim stations and snack bars is a result of declining sales prompted by troop reductions in Europe said Barbara Kirsch an Exchange spokeswoman. Both facilities had been named earlier this year on the defense departments base closure lists. In Olstadt is located on autobahn 9, about Midway Between Niernberg and Munich. Leitheim is on autobahn s Between Ulm and Augsburg. On new years eve the in Olstadt station will be open from 8 . To 1 ., while the Leitheim facility will be open from 10 . To 6 . After the closures travellers with cafes Gas coupons can use commercial Public. Nur Sultan Nazar Baev said that if Russia keeps nuclear weapons a a it a not acceptable that Kazakhstan should give up its entire nuclear Arsenal. But Nazar Baev who met in his capital Alma Ata on tuesday with Secretary of state James a. Baker Iii did say that the four republics where nuclear weapons Are based a Russia Kazakhstan the Ukraine and byelorussian will sign an agreement to provide centralized control of the Arsenal. He also said russians bid for the soviet unions seat on the . Security Council would have to be studied by the leaders of the nine republics expected to a spokesman for the administrators said the editorial Content of fridays edition of the european was being prepared by an Independent company run by the former Deputy editor of the paper Charles Garside. But he said that none of the staff which had been dismissed had been re employed directly by the administrators. A week ago the administrators Laid off All 450 of the papers employees. The european the brainchild of Robert Maxwell was launched less than two years ago As part of his vision of a United a amps Susan Harris Esso stations located close to both locations Kirsch said. The two stops Are often used by americans driving through Bavaria. Many of the travellers Are Enro Ute to or returning meet in Alma Ata on saturday to formally forge the new Commonwealth. The six republics expected to join the Commonwealth saturday Are Kazakhstan Uzbekistan Turkmenistan Kadzhi Kristan Kirghizia and Armenia. Moldavia and Azerbaijan also have expressed Strong interest in joining while Georgia is still considering its position. Yeltsin was quoted by the russian information Agency As saying that the meeting saturday will choose a a commander in chief of the unified strategic armed the strongest candidate is soviet defense minister Yevgeny Shaposhnikov who is to attend. Europe. The newspaper was chalking up losses estimated at about 750 million pounds $1.3 billion a month. Among the companies believed to be interested in acquiring the paper Are Pearson the owner of the financial times and the mining to Media conglomerate Lon rho which owns the sunday newspaper the observer. The european will not be published on dec. 27. The administrators said no paper was planned because of the Christmas holidays. From armed forces recreation Center facilities at Garmisch Parten Kirchen Berchtesgaden and Chi Emsee. The in Olstadt facility averaged Between 3,000 to 4,000 customers per week Kirsch said. In Peak times during Summers and the Winter ski season As Many As 6,000 customers Stop at the station located about one hours driving time North of Munich she said. The in Olstadt station averaged $18,000 in monthly retail sales and $26,000 in monthly fuel sales this year. Those totals were lower than previous years. Kirsch attributed the decline to troop deployments to the persian Gulf and to military draw Downs. Business at the Leitheim facility was better at the beginning of the year when average monthly retail sales were $41,000 and fuel sales were $37,500. Last week the station did about $8,000 Worth of business. Edition of the european to appear Friday in Olstadt Leitheim Gas stations to close
