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Opel freeze pay but guarantee 20,000 German jobs

As VW tightens its belt Opel agree to guarantee 20,000 German jobs in exchange for a pay freeze

through to 2015 and the closure of Bochum, which employs 3,300 workers, by 2016. This was

despite Bochum works council leader, Rainer Einenkel, not supporting the move. However GM will

keep part of the Bochum facility as a component and logistics centre securing 1,200 jobs.

http://europe.autonews.com/article/20130228/ANE/130229890/opel-revamp-deal-expected-this-week-german-union- says&cciid=email-ane-daily#axzz2MIyoGvJp