Frankfurt — German car maker Opel on Tuesday pushed back the first step in its takeover by France’s Peugeot, after workers raised hurdles over the future of a prized research centre. Workers had blocked the firm’s legal reorganisation, a vital first step in the merger process, local newspaper the Allgemeine Zeitung reported citing sources inside the firm. A source close to the employee representatives said there were still questions to be negotiated between workers and managers at Opel and US parent company General Motors (GM), while adding that the talks were not confrontational. GM agreed in March to sell Opel to Peugeot and Citroen maker PSA, after suffering years of losses at the European venture. But workers at the firm, a historic local champion at its main factory in Ruesselsheim, near Frankfurt in western Germany, insisted the new owners honour GM’s wage and jobs guarantees covering the coming years before giving their greenlight. PSA chief Carlos Tavares said on a visit to ...
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