Opel works council to seek contact with PSA labor bosses
Reuters
Published Feb 24, 2017 06:05AM ET
Opel works council to seek contact with PSA labor bosses
FRANKFURT (Reuters) - Opel's European works council said it had agreed to open a line of communication with its counterpart at PSA Group (PA:PEUP) as the French carmaker holds talks over a tie-up with the company.
PSA, the Paris-based maker of Peugeot and Citroen cars, and General Motors (N:GM) confirmed on Feb. 14 they were in talks over a PSA-Opel tie-up to create Europe's second-largest carmaker by sales after Volkswagen (DE:VOWG_p).
The news has sparked criticism in Germany and Britain amid fears of possible job losses.
Opel's European works council in a joint statement with Opel on Friday called on GM to "fulfill all agreements and commitments necessary for the success of the sites and the future company".
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Written By: Reuters
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