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GM Avoids Strike in Brazil
General Motors Co. has reached a tentative agreement with unions at its assembly plant in San Jose dos Campos, Brazil, thus averting an impending strike.
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General Motors Co. has reached a tentative agreement with unions at its assembly plant in San Jose dos Campos, Brazil, thus averting an impending strike.
GM agreed to postpone the elimination of as many as 750 jobs until year-end and promised to invest 500 million reals ($246 million) in the facility. The factory produces the Chevrolet Classic midsize sedan.
The company has been seeking since last year to end passenger car production at the factory, which also makes trucks.
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