Opel Works Council, Union See Opportunity in Creating Large European Car Group
February 17 2017 - 7:18AM
Dow Jones News
By Sarah Sloat
FRANKFURT--Worker representatives for German car maker Opel said
Friday they were open to talks with PSA Group in the event of a
sale by Opel parent General Motors Co. (GM) to the French company,
noting that such a deal could have advantages.
The main criterion for talks would be recognition of existing
agreements for Opel and its U.K. sister company Vauxhall,
especially commitments on employment and investment, the German and
European works councils and labor union IG Metall said in a joint
statement.
"European employee representatives are able to see opportunities
arising from the creation of the second-biggest car manufacturer in
Europe," which could help Opel confront challenges facing Europe's
auto industry, they said.
Write to Sarah Sloat at sarah.sloat@wsj.com
(END) Dow Jones Newswires
February 17, 2017 07:03 ET (12:03 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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