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

After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the ...

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 ...

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

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

Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to ...

IG Metall union leader Christiane Benner has called for a determined industrial policy at a European level to combat ...

Volkswagen has reached a deal with the IG Metall trade union which will avert plant closures in Germany and avoid immediate ...

Volkswagen (VWAGY), (VWAPY) and powerful IG Metall union no closer to a deal. Talks expected to continue late Monday. Read ...

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

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

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 ...