The labor unrest in Britain’s car industry...
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The labor unrest in Britain’s car industry appears to be receding as workers at two auto companies settled pay disputes with the managements. A spokesman for Vauxhall, owned by General Motors, said union and management leaders reached an agreement giving 8,700 manual workers pay rises of up to 14.6% over two years. In addition, 2,000 white-collar staff at Land Rover accepted a two-year pay deal that was previously rejected by 6,000 striking manual workers. The state-owned company said the pay package represented a 14% raise, but the strikers claim it amounts to only 8% in real terms.