BERLIN -- Germany's economy minister, Brigitte Zypries, said she had held constructive talks with PSA Group CEO Carlos Tavares about the French automaker's plan to buy Opel from General Motors and felt reassured that existing labor deals would remain.
"I particularly welcome the commitment by Mr Tavares to respect and continue all the collective agreements," said Zypries in a statement following the talks on Wednesday.
"The federal government and federal states will continue to lend their constructive support to the process of merging PSA and Opel/Vauxhall," she said.
Tavares said he had reaffirmed PSA's ambition to "build on the quality of relations with employee representatives as a key factor of success of the company."
Germany has welcomed the acquisition, provided the Opel brand stays independent and the merged group respects existing labor agreements, protects Opel sites and gives job guarantees.
