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.

FRANKFURT, Sept 12 (Reuters) - Volkswagen (VOWG_p.DE), opens new tab and union IG Metall will start talks at the end of September over a new labour agreement for six of its German plants after a job ...

While calling for a strike authorization vote, the UAW has not set a strike deadline and signaled its acceptance of VW’s ...

(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 executive Thomas Schäfer said the company needs to adjust to "new realities" as it intends to shut down German ...

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 ...

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

Ailing auto giant Volkswagen warned Wednesday that "painful" cost cuts were unavoidable as third-quarter profit plummeted, fuelling tensions with unions which fear mass job losses and factory closures ...

FRANKFURT (Reuters) - Europe's largest carmaker Volkswagen has agreed a wage deal with Germany's most powerful union for 120,000 employees, representing 18% of its workforce, it said on Tuesday. The ...