Overview
- A union negotiating commission vote on July 15 ended the planned July 17 strike at Horse Powertrain’s Valladolid, Sevilla and Madrid plants.
- The draft agreement would restore lost purchasing power with average annual pay gains exceeding 5% and introduce a profit-sharing bonus for all workers.
- The €70 million investment plan includes production tooling upgrades for HR12 engines and expanded R&D facilities for AI-driven development.
- The proposal would convert 200 temporary workers into indefinite contracts across production and R&D facilities by 2026.
- Minority negotiators have postponed their full endorsement pending further details, but the deal will set the terms of Horse Powertrain’s first collective bargaining agreement after more than eight months of talks.