STOCKHOLM/WIESBADEN (Reuters) - General Motors was grappling with the future of two European units on Wednesday, seeking options for Saab after a sale collapsed and preparing to show unions its Opel restructuring plan.
Unions at General Motors' Opel plant in Spain said negotiations with management on a restructuring plan for the factory collapsed late on Wednesday.The central government in Madrid immediately called a meeting between the two sides for Thursday to try and reach a deal over the plant in Figueruelas, northern Spain, which employs 7,000 people.The head of the plant's works council, Juan Jose Arceiz, said the management had rejected a union proposal for a two-year wage freeze.He said the plant's four unions will meet on Thursday to consider what action to take.
General Motors Company’s (GM) decision to cease operations at its Bochum Germany plant, which falls under the company’s European unit Adam Opel, will cost the company $866 million (or 635 million Euros). This information is based on what the President of the company’s European operations, Dan Ammann, said to Reuters in London on Wednesday.
General Motors' loss-making unit Opel may need between two and three more months to reach a deal with German unions on a restructuring plan that could see thousands of job cuts and the closure of its Bochum ...
HAMBURG (Reuters) - General Motors' loss-making unit Opel may need between two and three more months to reach a deal with German unions on a restructuring plan that could see thousands of job cuts and the closure of its Bochum factory in 2017, a union spokeswoman said.
HAMBURG (Reuters) - Loss-making General Motors unit Opel has not reached an agreement with its German workforce over a restructuring plan, including the planned closure of its Bochum plant, by the Friday deadline imposed by trade union IG Metall.