FRANKFURT, Sept 26 (Reuters) - German luxury carmaker Daimler agreed on Friday with its organised labour to cut about 100 million euros ($146.3 million) in annual costs in the group's own 150 captive German dealerships that employ some 15,000 staff. In return for accepting wage cuts, these Daimler dealership employees will be protected from forced layoffs up to the end of 2017, the group's works council said in a statement on Friday. Daimler confirmed a deal had been reached. The 150 ...
Premium Content (PAID Subscription Required)
"Daimler workers agree to 100 mln euros cost cuts" 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