(Adds additional quotes, details) PARIS, Sept 23 (Reuters) - General Motors Corp. said on Thursday that it needs a "massive reduction" in its European labour costs to keep its factories in the region competitive with assembly plants elsewhere around the globe. "What I want to see is a massive reduction in the wage bill," Carl-Peter Forster, president of GM's European operations, told Reuters in an interview on the sidelines of the Paris auto show. "It has to be a massive reduction," he ...
Premium Content (PAID Subscription Required)
"AUTOSHOW-UPDATE 1-GM wants "massive" cut in Europe labour costs" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642