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Volkswagen shares fall
Volkswagen boss hails cost-cutting deal but shares fall
Volkswagen Cost-cutting Deal: "The agreement is good news for Volkswagen," CEO Oliver Blume said in an interview with the Frankfurter Allgemeine daily. "We are reducing overcapacity at our German plants.
VW Deal Keeps German Factories, Prevents Mass Layoffs, Saves Billions
Volkswagen
and
IG
Metall
have made a deal to save the automaker's plants in Germany. The potential for mass layoffs and unprecedented plant closures is now over, at least until 2030, and wage cuts ...
Volkswagen shares fall as market struggles to digest unions deal
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely headwinds in 2025.
5d
on MSN
Volkswagen reaches agreement with IG Metall after 70 hours of negotiations
After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the ...
GlobalData on MSN
3d
Volkswagen and IG Metall strike agreement on Germany cost cuts
No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.
cbtnews
5d
Volkswagen and IG Metall aim to strike a deal before Christmas
Volkswagen and IG Metall leaders are racing against the clock to secure a deal before Christmas Day to avoid massive strikes.
5d
IG Metall approves 35,000 job cuts and billions in wage reductions at VW
According to media reports, the collective bargaining parties “wrestled” for more than 70 hours over five days to reach an ...
DPA International on MSN
23h
IG Metall union chief wants a European independent industrial policy
IG Metall union leader Christiane Benner has called for a determined industrial policy at a European level to combat ...
5d
on MSN
Volkswagen agrees deal to avoid German plant closures
Volkswagen has reached a deal with the IG Metall trade union which will avert plant closures in Germany and avoid immediate ...
9d
Volkswagen labor negotiations likely to continue through Monday night
Volkswagen (VWAGY), (VWAPY) and powerful IG Metall union no closer to a deal. Talks expected to continue late Monday. Read ...
devdiscourse
5d
IG Metall's Triumph: No Volkswagen Plant Closures Until 2030
IG Metall and Volkswagen have reached an agreement to avoid any plant closures and reinstate a job security assurance ...
4d
Volkswagen’s “Christmas Miracle” Deal: Sweeping Changes to Secure Future Amid Challenges
Volkswagen’s bold moves underscore a broader trend across Europe’s auto industry, as companies grapple with transformative ...
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