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VW union proposes $1.6 billion of cuts
VW brand boss: layoffs, plant closures needed to fix carmaker's problems
Volkswagen sees no chance of avoiding layoffs and plant closures in order to cut 4 billion euros ($4.2 billion) in costs, the brand's chief executive said in a newspaper interview, amid an escalating dispute with workers.
VW Union Calls for December Walkouts in Dispute Over Cuts
Volkswagen AG workers across Germany plan to stage mass walkouts starting early next month after labor leaders and management failed to reach an agreement over how to slash costs at the carmaker’s namesake brand.
VW union proposes cost cuts to avoid plant closures – report
Volkswagen's workers union has proposed $1.6bn in cost savings, contingent on avoiding plant closures in Germany, reported Reuters. To enhance competitiveness and maintain sustainability, the automaker is planning to implement cost reductions,
2d
VW union signals strikes in December but talks continue
Volkswagen's union said it was gearing up for strikes across German factories from Dec. 1 after talks over wages and ...
4d
on MSN
VW America CEO exits amid turmoil and a window of opportunity
While VW executives promise U.S.-bound hybrid vehicles, Volkswagen is struggling to save itself from a hole it created in its ...
Yahoo
3d
VW union readies December strikes after wage talks end with no deal
If they fail to strike a deal, Gröger said, the plan was to call strikes at
VW
sites from December 1, when a mandatory ...
2d
on MSN
VW ‘Warning Strikes’ Coming In December As Union Relations Sour
Volkswagen wants to slash wages 10% and eliminate bonuses as they’re struggling with an assortment of headwinds. However, the ...
4d
on MSN
The Unusual Power of VW’s Union Boss Is Being Put to the Test
To hear Volkswagen union boss Daniela Cavallo tell it, the standard rules of capitalism shouldn’t apply to the world’s second ...
11d
VW's $5.8 billion investment in Rivian isn't guaranteed. Here are the milestones the EV maker needs to hit
VW’s capital to Rivian isn’t guaranteed, and neither is the success of the joint venture. Major automotive tie-ups don’t ...
2d
on MSN
VW’s Entire ID EV Lineup To Receive Major Redesign Inspired By The Past
VW's new design boss showed the way with the ID.2all and ID.GTI concepts, that will inspire their EV stablemates ...
DPA International on MSN
3d
Workers at German automaker VW protest against cuts, threaten strike
Thousands of angry Volkswagen (VW) workers from across Germany descended on the company's headquarters to protest threatened ...
4d
VW Labor Leaders Offer €1.5 Billion in Cuts Ahead of Talks
Labor leaders at Volkswagen AG offered €1.5 billion ($1.6 billion) in cost cuts as management pushes for broad savings to ...
3d
Payne: NACS, EVs and VW — the latest in LA Auto Show fashion
Though a diminished show from years past, LA is the epicenter of auto trends given California's oversized role in the ...
13h
on MSN
Rivian and VW team up to take on the electric future
Rivian and Volkswagen unveiled a joint venture last week, named Rivian and VW Group Technology, LLC, which officially ...
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