Financial Times FT.com

Union deal to rescue 600 jobs at Vauxhall

By FT reporters

Published: October 14 2009 03:00 | Last updated: October 14 2009 03:00

Unite, Britain's biggest trade union, said yesterday that it had struck a deal with Magna, the proposed new owners of Opel and Vauxhall, to keep producing cars at General Motors' two UK plants beyond 2013, saving hundreds of jobs.

The agreement has removed a key obstacle to the Canadian company's takeover of Opel and Vauxhall with Russia's Sberbank and raised hopes that a wider deal between European governments, unions and Magna could be sealed soon.

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