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International: Opel/Vauxhall reaches Europe-wide restructuring agreement

Opel/Vauxhall reached a framework agreement with its European Works Council in May 2010 to accompany a major Europe-wide restructuring programme, involving more than 8,000 job losses. The deal contains detailed investment and production commitments by the automotive multinational, along with substantial savings in labour costs.

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GM retains Opel/Vauxhall
"Plan for the future"
National agreements
European agreement
Support for the deal.