You are here

PSA chief assures Merkel, German unions over GM deal

Thursday, February 23, 2017 - 05:50

BT_20170223_KYOPEL23_2757105.jpg
Mr Tavares told Mrs Merkel that Opel will benefit from considerable independence within the group

Frankfurt

PSA Group told German Chancellor Angela Merkel and top labour representatives that it would uphold Opel and Vauxhall job guarantees if it buys the European arm of General Motors (GM), though some analysts say that thousands of job losses are likely eventually.

As part of

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom