General Motors is declining to confirm whether or not it has purchased the automatic transmission plant in Strasbourg.
Reports in France indicate the manufacturer has paid a symbolic EUR1 (US$1.30) for the eastern France site, but GM is remaining silent on any purchase plans.
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“We have nothing to announce at this point,” said GM in a statement sent to just-auto. “If that should change, it is our policy to inform our employees first.”
The plant is currently owned by Motors Liquidation Company (MLC), but GM has been locked in a dispute with the Confederation Generale du Travail (CGT) union concerning its apparent refusal to sign a productivity agreement.
Three other labour organisations at the Strasbourg factory have already inked a deal, although the CGT has agreed not to oppose the new working practices that could see a 10% reduction in costs.
The plant is currently closed for a holiday period and will reopen on 16 August.
No-one at MLC or the CGT was immediately available for comment.
