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Volkswagen plant in Wolfsburg, Germany (Vanellus-Foto ... there are 75 works councils financed by the company, 66 of which are run by IG Metall. They are backed up by 2,500 shop stewards.
BERLIN — Volkswagen has informed employee representatives that it wants to close at least three plants in Germany, the head of the company's works council said Monday. Employee council chief ...
Volkswagen’s proposed plant closures align with a broader trend of cost-cutting among European automakers. German car manufacturers, including Mercedes-Benz and Porsche, have recently said they ...
The company hasn't publicly detailed its plans. Volkswagen said in early September that auto industry headwinds mean it can’t rule out plant closures in its home country, and must drop a job ...
The representative, Daniela Cavallo, who leads the council representing the company’s employees in Germany, told a gathering of workers at Volkswagen’s home plant in Wolfsburg that the ...
FRANKFURT, Germany (AP) — Volkswagen is considering closing some factories in its home country for the first time in the German automaker's 87-year history, saying it otherwise won't meet the ...
What Happened: PowerCo will run a Salzgitter plant in Germany at half capacity ... Price Action: Volkswagen slipped 4.65% to $10.66 into Friday’s mid-afternoon trading.
The labor union called on employees of the plants housed under subsidiary Volkswagen Sachsen GmbH, which include VW's EV-only plant Zwickau, to strike on both Monday and Tuesday. Negotiations will ...
Volkswagen says auto industry headwinds mean the German automaker can't rule out plant closings in its home country, while the company is also dropping a longstanding job protection pledge that ...
After days of negotiations which looked like they had reached a stalemate, German workers union IG Metall has reached a deal to avoid Volkswagen plant closures as well as redundancies and wage cuts.
Volkswagen’sVOW-2.16%decrease; red down pointing triangle suggestion that it might have to close a plant in Germany for the first time ever sets up a battle with its powerful union and ...