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

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

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.

The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.

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

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 vient d’annoncer un plan drastique de réduction des coûts. L'industrie automobile peine à assurer sa transition ...

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 ...

Credit: josefkubes/Shutterstock. Following intensive negotiations between Volkswagen AG, IG Metall (German labour union) and the Works Council, a joint agreement entitled ‘Zukunft Volkswagen ...