The Unite union says it has reached a deal with Magna, the proposed new owners of Vauxhall, to protect jobs at Ellesmere Port and Luton.
Magna declined to comment on the union’s announcement.
The union said it had agreed to a two-year pay freeze and other cost-saving measures in return for no compulsory redundancies.
There was concern about the 5,500 jobs at the two plants after General Motors (GM) decided to sell its European arm.
The deal “gives both plants job security and a future through to 2013, providing a good basis for a long-term future beyond that”, said Tony Woodley, joint general secretary of Unite.
Source: BBC News
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