 About 3,500 workers are involved in the dispute |
Workers at car giant Peugeot have suspended a second strike due to take place this weekend. Thousands of workers planned to walk out at the company's plant at Ryton in Coventry, between Friday and Monday following a dispute over pay.
A stoppage at the plant last month cost Peugeot millions of pounds in lost production.
Union leaders said on Thursday the latest strike had been suspended after the company tabled a new pay offer.
 Our members will be given the opportunity of deciding if the offer is acceptable  |
According to union officials, the company was not increasing its 7.3% pay offer but had agreed to delay until October, increases in pension contributions, which were due to be brought in immediately.
The new offer will now be put to a ballot of union members.
Duncan Simpson, national officer at Amicus, said: "At last common sense has prevailed. The company has put on the table today what they were not prepared to do yesterday.
"Now our members will be given the opportunity of deciding if the offer is acceptable."
He added: "If they reject the latest offer, then industrial action will continue."
Around 3,500 workers are involved in the dispute.
Peugeot recently announced an increase in profits of 9% in 2002 which unions say is fuelling the anger felt by members over the company's offer.
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