Brief: Nexteer Automotive updates on dealings with United Auto Workers Union
20/12/2015 23:54
Dec 21 (Reuters) - Nexteer Automotive Group Ltd 1316.HK : * Estimated financial impact on co's net profit from increased labor costs will be approximately US$7 million a year on an average basis" * Says on December 8 2015, the company and united auto workers union had reached a tentative agreement * Agreement establishes principles upon which group will conduct Saginaw manufacturing operations for next four and half years * Source text for Eikon ID:nHKS5L85mm ((For more news, please click here 1316.HK )) ((Bengaluru Newsroom; +91 80 6749 1130))
Recent news on Nexteer Automotive
See all newsNexteer Automotive HY revenue, profit rise on strong demand, higher prices
Brief: Nexteer Automotive Says Boyer, Hervé Paul Gino Resigned As Exec Director, Senior Vice President
Brief: Nexteer Automotive Appoints Hervé Paul Gino Boyer As Executive Director
Brief: Nexteer Automotive Group Posts H1 Net Income Attributable Of USD15.7 Mln
Brief: Nexteer Automotive Group Announces United Auto Workers Union Strike Impact