UPDATE 2-Opel reaches savings deal with workers

Newswire

* Opel labour reps, management reach "tentative" deal * Agree on labour cost savings of 265 mln euros annually * 176.8 mln euros of savings to come from Germany * Deal based on plans for investment, new products * State loan guarantee could be decided on Tuesday (Adds agreement, detail from statement) FRANKFURT/RUSSELSHEIM, May 21 (Reuters) - Carmaker Opel has reached an outline deal on wage concessions with employee representatives, removing an obstacle to state aid for its ...

Premium Content (PAID Subscription Required)

"UPDATE 2-Opel reaches savings deal with workers" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×