No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.

Volkswagen (VWAGY) and the IG Metall union come to an agreement, averting a strike of Germany's largest employer. Read more ...

Volkswagen and IG Metall leaders are racing against the clock to secure a deal before Christmas Day to avoid massive strikes.

IG Metall and Volkswagen have reached an agreement to avoid any plant closures and reinstate a job security assurance ...

IG Metall union says wage deal reached with Volkswagen to avoid plant closings, involuntary layoffs for German workers.

According to media reports, the collective bargaining parties “wrestled” for more than 70 hours over five days to reach an ...

Volkswagen and German unions are in intense negotiations to avoid plant closures and layoffs, which could lead to strikes.

Credit: josefkubes/Shutterstock. Following intensive negotiations between Volkswagen AG, IG Metall (German labour union) and the Works Council, a joint agreement entitled ‘Zukunft Volkswagen ...

Following weeks of negotiations punctuated by strikes, the German union and the Volkswagen workers' council said that the deal would avert plant closures and forced redundancies b ...

The deal between Germany’s largest employer and the powerful IG Metall union would save Volkswagen (VWAGY, VWAPY) €15B annually by cutting manufacturing capacity by more than 700K at plants ...

The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.