Opel U-turn sparks German strikes
Workers in Germany are protesting the collapse of the GM deal to sell majority shares of its Opel and Vauxhall divisions. Union representatives said that they were afraid that GM would cut more jobs than would have been cut in the deal with Opel. Under that agreement, no factories would have been closed. Officials in the U.K. and Spain had opposite reactions to the collapse of the deal. While Spain said that they would not make concessions beyond those in their deal with Magna, the U.K. officials said they were happy to work with GM. GM has said that it will cut around 10,000 jobs, but not where those jobs will be cut.
See "Opel U-turn sparks German strikes", BBC News Online, November 4, 2009