 |
Spanish Opel plant is about to start building redesigned Meriva |
After 10 hours of intense negotiations, Spanish unions and General Motors have struck an intial agreement for a new four-year wage deal at the US automaker's main Figuerelas factory in Zaragoza, Spain.
“We are pretty happy with the outcome but workers still have to agree to this,” enthused a union official in Madrid, saying that was expected to happen over the weekend.
Under the deal, workers at Figuerelas, which makes cars for GM’s Opel brand, will get a 1% salary increase for 2009 and this year and 2% in 2011 and 2012.
Clearing the negotiation’s biggest sticking point, GM also agreed to allow 350 of the 900 workers expected to leave the factory to come back as auxiliary staff after 17 to 22 months off work. All temporary workersemployed in 2013 will also receive fixed contracts, the union source said.
The agreement comes after months of negotiations at the 8,000-worker site, which makes the Opel/Vauxhall Meriva minivan/MPV, Corsa supermini and Combo small van for global distribution.
GM’s global restructuring initially envisaged 1,700 workers leaving the site but the automaker relented last September after unions staged large protests in Zaragoza and the government lobbied heavily against the plans.
According to unions, the facility expects to work at “full steam” until 2016 as it prepares to assemble the redesigned Meriva minivan/MPV and the next generation Corsa and Combo.
Sectors: Financial, Vehicle manufacturers, Vehicle manufacturing
View next/previous articles
15 Mar 2010 -
Currently reading -
SPAIN: GM, unions, agree Figuerelas wage deal
12 Mar 2010 -
12 Mar 2010 -
Related research
The last few months have underlined the importance of the OEM customer base of each supplier for medium- and long-term strategic success. This report, as a part of the Supplying OEMs series, provides guidance and insight into the OEM's strategic posi...
General Motors - IT Sales Opportunities – 2008
Industry trends and drivers have a direct or indirect affect on IT spending of all companies operating within an industry. For example – increase in sourcing from low cost countries might influence General Motors (GM) to relook at their supply chains...
General Motors Corporation - SWOT Analysis
Datamonitor's General Motors Corporation - SWOT Analysis company profile is the essential source for top-level company data and information. General Motors Corporation - SWOT Analysis examines the company’s key business structure and operations, hist...
Related articles
FRANCE: GM mulls Strasbourg plant buy
General Motors has confirmed it is considering buying the GM Strasbourg plant although it declined to reveal the price.
US [updated 16:35]: GM buying AmeriCredit to target subprime and lease markets
General Motors on Thursday said it would acquire independent auto finance company AmeriCredit, in an all-cash transaction for US$3.5 bn, "to meet customer demand for leasing and non-prime financing for GM vehicles", giving it a captive finance arm for the first time since 2006 when it sold control of GMAC, (recently renamed Ally Financial).
There are currently no comments on this article
Be the first to comment on this article