IG Metall News

And here are the takeaways of the discussions.

As General Motors continues to hold talks over a sale of Opel to PSA.

Opel had been in negotiations with the German labor union.

The German plant was scheduled to produce vehicles through 2016.

The plan would have extended production at the facility through 2016.

The plan affects three plants.

As is usually the case, the new labor contract aims to bridge conflicting goals.

A temporary measure in what can only be described as desperate economic times.

Another development in the mounting slowing of European industry in the face of an economic downturn.

One Opel official stated that the claim was "nonsense".

After years of continuous losses, could Opel finally cease being the thorn in GM's side?

What's clear is that nothing is certain just yet.

The plan it to reach a consensus by November.

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