After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the carmaker’s workforce have come to an agreement that will avert a work stoppage.

While ZF workers demonstrated their readiness to fight for their jobs, the protests merely served as leverage for the works ...

The negotiating committees of Volkswagen AG and IG Metall Lower Saxony and Saxony-Anhalt have this week continued negotiations on the 2024 collective bargaining round. VW said the fourth round of ...

(RTTNews) - Germany's largest union IG Metall has reportedly said Volkswagen AG workers across Germany could begin warning strikes after November 30, which is the last date of an agreement or ...

Volkswagen and labor representatives struck an agreement Friday on cost savings aimed at restoring competitiveness at the German auto company, the IG Metall union said. Following weeks of negotiations ...

Volkswagen faces rising costs, tough competition from Asia, and a tense dispute with unions over plant closures and wage cuts. Credit: josefkubes/Shutterstock. Following intensive negotiations between ...

BERLIN/WOLFSBURG (Reuters) -Volkswagen workers offered on Wednesday to back 1.5 billion euros ($1.6 billion) in cost savings if it rules out closing plants in Germany, but warned the automaker would ...

Volkswagen plans to close “at least” three factories in Germany, lay off tens of thousands of staff and downsize remaining plants in the country, the company’s employee group said Monday. The domestic ...

The German automaker plans major cost cuts, including potential factory closures and layoffs, to boost competitiveness and sustainability. Credit: fotokaleinar ...

Volkswagen and labor representatives struck an agreement Friday on cost savings aimed at restoring competitiveness at the German auto company, the IG Metall union said. Following weeks of negotiations ...