Tuesday, July 11, 2006

Unions oppose GM alliance over job cut fears

The potential alliance between General Motors and Renault and Nissan is already facing significant opposition as union leaders around the world voice their concerns over the proposed venture.

The president of the US-based United Auto Workers union has already stated that the proposals should be opposed and European trade bodies have taken a similar stance.

In the UK, the TGWU has said it will closely monitor the talks, which are due to begin later this week. The unions’ main objection is that the alliance could lead to swingeing job cuts across the companies.

DATED: 11.07.06

FEED: MT





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