Opel Closes Bochum Auto Plant

BOCHUM, GERMANY - DECEMBER 05: Miniature boxing gloves hanging on the rear view mirror of an old car in front of the Opel factory on December 5, 2014 in Bochum, Germany. Opel, which is a subsidiary of General Motors, is closing the factory and laying off 3,300 workers in a cost-cutting and capacity-reduction measure. Completed in 1962, the factory employed up to 22,000 workers and produced up to 250,000 cars per year. Today the last car to be produced at the plant, an Opel Zafira, will roll from the assembly line. (Photo by Sascha Schuermann/Getty Images)