FRANKFURT -- Opel is planning to further scale back production at its Ruesselsheim plant in Germany, a local newspaper group reported.
The automaker aims to cut production to 35 from 42 vehicles per hour, having lowered the output to 42 vehicles only last month, the VRM Gruppe, which publishes several local newspapers, reported on Thursday.
The plans have not yet been approved, VRM said.
Opel builds Insignia and Zafira models alongside the Holden Commodore and Buick Regal in Ruesselsheim, near Frankfurt, according to Automotive News Europe's Guide to European Assembly Plants.
PSA Group bought money-losing Opel and its British sister brand Vauxhall from GM last year in a $2.6 billion deal. PSA CEO Carlos Tavares, known for his turnaround skills, has initiated a program of cost-cutting at Opel, which had lost a billion dollars a year under GM ownership. PSA had said it aimed to restore Opel to profitability by 2020, a feat it achieved in the first half of this year.
VRM also said, citing an internal memo to employees, that the plant's management has filed for seven so called "corridor days" between Oct.1 and Oct. 29, which effectively means no production will take place those days as workers are reducing overtime.
A spokesman for Opel said that the group was regularly adjusting production plans at its sites, declining to be more specific.