Create a free Manufacturing.net account to continue

Spanish Opel Workers Accept Magna Deal

Labor unions at Opel factory in northeastern Spain agreed on a restructuring plan with Magna International and will call off four days of planned strikes.

MADRID (AP) -- Labor unions at the Opel car factory in northeastern Spain say they have agreed on a restructuring plan with Magna International Corp. and will call off four days of planned strikes.

Jose Juan Arceiz, leader of a committee representing workers, said Monday that the deal was accepted by the vast majority of workers Tuesday.

He says unions will now call off stoppages planned for Oct. 28 and 30 and Nov. 3 and 5.

An agreement was seen as crucial to Magna's planned takeover of Opel from General Motors Co.

Under the accord, reached last Thursday, Magna agreed to reduce from 1,350 to 900 the number of jobs it will eliminate at the factory. It also agreed on how to split production between the Spanish plant and a factory in Germany.