Car Workers Agree Wage Freeze to Drive Savings

The JournalMay 22, 2010

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Summary


THOUSANDS of Vauxhall car workers have agreed a two-year pay freeze and pension scheme savings as part of a "turnaround" plan aimed at making huge savings.

The company is aiming to save over pounds 200m in Europe, 10% of which will be in the UK, where Vauxhall has factories in Luton and Ellesmere Port.

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Extract


Car Workers Agree Wage Freeze to Drive Savings

The car giant also confirmed plans to invest billio...

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