Volkswagen says not interested in Chrysler
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STUTTGART, Germany  - Volkswagen , Europe's biggest carmaker, has no interest in acquiring DaimlerChrysler's  loss-making U.S. arm Chrysler or expanding cooperation accords, a VW spokeswoman said on Friday.
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Private equity investors closed  in on Chrysler on Tuesday as rival automakers at the Geneva car  show displayed scant interest in DaimlerChrysler's (DCXGn.DE)  loss-making U.S. division.
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FRANKFURT, Germany -- The European Union's highest court struck down a German law shielding Volkswagen AG from hostile takeovers, clearing a path for Porsche AG to increase its influence _ and possibly even take control _ at Europe's biggest automaker.
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Volkswagen says it is to stop building its Golf model in Brussels - putting thousands of jobs at risk.
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Volkswagen enters a fresh round of talks with its workers on Tuesday but analysts say little headway is likely as unions protest against the carmaker's threats to axe more than 30,000 employees in Germany.
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German metalworkers union IG Metall   agreed on Monday to reopen Volkswagen's VOWG.DE wage contract   but rejected management's plans to increase working hours   without extra pay at Europe's biggest carmaker.
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Shares in Volkswagen VOWG.DE fell   more than 2 percent on Monday ahead of a vote by German   metalworkers union IG Metall on whether to reopen its contract   with Europe's biggest carmaker.
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FRANKFURT - Sports car maker Porsche has an open road to make another bid for Volkswagen now that the European Union's highest court struck down the nearly 50-year-old "VW law" enacted to protect Europe's largest automaker from a hostile takeover.
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DaimlerChrysler (DCXGn.DE) will not  make any management changes over last week's profit warning at  U.S. arm Chrysler, which is not up for sale, Chief Executive  Dieter Zetsche told a German newspaper.
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Volkswagen AG said Tuesday it would stop production of its Golf model at its Belgian plant, shocking workers and government leaders who fear more than 3,500 jobs could be lost.
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German sports car maker Porsche's  stake of almost 30 percent in Volkswagen  is enough to assert its interests in Europe's biggest carmaker, Porsche's chief executive told a German newspaper.
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Automaker Volkswagen said Monday there is &quot;no room&quot; for wage increases this year as it prepares for pay talks with Germany&#39;s largest industrial union.
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The head of personnel at Volkswagen AG said the automaker will have to make dramatic reductions in jobs in Germany if it doesn't get the labor-cost savings it wants in ongoing wage talks, a newspaper reported ...
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DaimlerChrysler AG  will not auction off loss-making U.S. division Chrysler and could decide to keep the business at the end of a strategic review, Chief Executive Dieter Zetsche told a German paper.
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Volkswagen says it may need to slash 30,000 jobs in Germany if unions refuse to agree to pay freezes.
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Volkswagen, Europe's largest carmaker, rejects a trade union offer  to limit workers' pay rises, saying it does not go far enough.
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Management and unions at Volkswagen have sat down for talks about a vast cost-cutting programme, including the loss of up to 20,000 jobs and the abolition of the four-day week for the German workers of Europe's biggest car maker.