Opel unions agree to 2016 closure of Bochum - dpa

FRANKFURT Thu Feb 28, 2013 5:46am EST

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FRANKFURT Feb 28 (Reuters) - Opel's labour unions will agree to demands from parent General Motors to close the vehicle manufacturing plant in Bochum, Opel's senior labour leader Wolfgang Schaefer-Klug told German newswire dpa.

GM Vice Chairman Steve Girsky gave a deadline that unions have to sign off on a deal to restructure Opel's German operations by the end of February.

IG Metall had already signalled they would no longer stand in the way of a plant closure, resigned itself to negotiating the terms of such a decision.

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Comments (1)
airider wrote:
How much is this going to cost GM to pay the union members for losing their jobs? GM still is not solvent, and is 26.5 % owned by the US government. Their American pension fund is underfunded too. GM needs to get its act together or vanish.

Feb 28, 2013 7:32am EST  --  Report as abuse
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