FRANKFURT, July 30 (Reuters) - Workers at DaimlerChrysler AG's European bus division will work longer hours in return for job security in a deal that cuts labour costs by 10 million euros ($12 million) a year, the company said on Friday. The accord clinched on Friday is the latest in a series of pacts designed to boost German companies' competitiveness. The deal at Daimler will preserve 3,800 jobs at its EvoBus plant in Ulm/Neu-Ulm through the end of 2008, the company said in a statement. ...
Premium Content (PAID Subscription Required)
"Daimler's German bus workers agree to work longer" 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!
Current subscribers, please login or CLICK for support information.