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Volkswagen reaches deal with union
Volkswagen wage deal for 120,000 German workers avoids layoffs
Volkswagen and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The agreement includes provisions for VW to shed more than 35,
Volkswagen Reaches Labor Deal, Avoiding Germany Plant Closures
The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.
What's in Volkswagen's deal with the unions in Germany?
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. The agreement followed more than 70 hours of talks and averted the spectre of strikes at Europe's largest carmaker.
1d
Volkswagen Boss Hails Cost-cutting Deal But Shares Fall
Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to ...
4d
VW, union agree to cut 35,000 jobs in Germany, avert strikes
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity ...
3d
on MSN
VW Confirms More Than 35,000 Job Cuts In Germany, Golf Production Moving To Mexico
More than 35,000 jobs will be cut across Germany as Volkswagen trims production capacity by 734,000 units. Production will ...
DPA International on MSN
1d
Former Volkswagen CEO accuses judge of bias in Dieselgate case
Former Volkswagen Group chief executive Martin Winterkorn has accused the judge leading a criminal trial into the 77-year-old ...
12d
on MSN
Pressure is mounting on Volkswagen
Volkswagen’s troubles extend beyond its factories. The strikes come at a time of broader economic and political uncertainty ...
8h
4,000 VW Managers Facing Pay Cuts Through 2030
Despite making significant cost cuts, VW will not sell any of its German factories ...
KPBS
19h
Here are two seismic changes pushing Honda and Nissan into merger talks
The two major Japanese automakers are discussing a merger. Here is what to know, from the reasons why they are doing this to ...
21h
BMW’s double dealing exposes Germany’s toxic reliance on Russia
Nevertheless, it is a reminder again of Germany’s toxic reliance on Russian money. This is hardly a shock. Few countries have ...
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