Nick Reilly, the temporary chief executive of Opel-Vauxhall, finds the company in need to decrease its production capacity across Europe up to 25 percent. In that case the company will need to cut 10,000 jobs which will be around 20% of the total of the company’s workforce.

Through his blog, Reilly said, “I intend to present by mid-December a sustainable plan that is in the best interest of Opel and Vauxhall, one with clearly defined achievable results.”

GM canceled a plan to sell Opel and Vauxhall to a consortium led by Canadian auto-parts maker Magna International Inc., in the month of November.