Volkswagen had also initially sought a 10 percent wage cut. Image A Volkswagen plant in Emden, Germany. Under the labor deal, the company would reduce its production capacity by 734,000 cars over ...

Volkswagen has reached a deal with the IG Metall trade union which will avert plant closures in Germany and avoid immediate compulsory redundancies. The two sides have, however, agreed to cut more ...

By Christina Amann HANOVER, Germany (Reuters) -Talks between Volkswagen and labour unions over plant closures and pay cuts ...

Talks between Volkswagen and labour unions over plant closures and pay cuts are expected to last well into Thursday as both ...

Volkswagen is in a bitter dispute with staff over pay cuts and possible plant closures aimed at countering high costs in Germany and massively cheaper Asian rivals entering Europe. Both sides go ...

Sales of new electric vehicles in Germany plunged last year, official figures showed Monday, as a slow switch to ...

VW executives say that high labour costs in Germany are ... rally in front of Volkswagen headquarters during a warning strike at the German car manufacturer's main plant in Wolfsburg.

Volkswagen’s (VWAGY) supervisory board is leaning against closing large plants in Germany to tackle the automaker ... ceasing production at the Dresden plant and selling the plant in Osnabrueck ...

VW and labor unions agreed on job cuts, capacity reductions, and production shifts to maintain German factories while ...