Compromise in sight for Volkwagen unions, management
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A compromise deal was in view at the end of more than 20 hours of management-union talks aimed at breaking the deadlock in wage and job talks, according to sources close to the talks.
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Volkswagen head Bernd Pischetsrieder held out the prospect of a three-way deal in the trucking business between Volkwagen, Scania and MAN, which would create the biggest European manufacturer and the third-biggest in the world.
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Volkswagen and its workers launched crucial wage negotiations Wednesday that will seriously test the tradition of close labor-management collaboration at the automaker as it struggles with shrinking earnings and tougher global competition.
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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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Negotiators from Volkswagen and the IG Metall industrial union headed into a fifth round of wage talks Thursday, with the union threatening to launch a flurry of short warning strikes if it doesn&#39;t get the job guarantees and wage increases it&#39;s demanding.
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Workers and management at German car giant Volkswagen make little headway in initial negotiations over a new pay deal.
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Europe&#39;s biggest carmaker said 30,000 jobs could be cut in Germany if unions do not agree to cost-cutting plans. Volkswagen is pushing for a wage freeze and more flexibility in working hours to counteract falling sales.
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In July, German auto parts maker, Continental, clinched a major deal to acquire Siemens VDO. Now the company must integrate a company nearly its own size.
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The United Autos Workers union said on Tuesday that bankrupt parts maker Delphi Corp.'s  management will be forced to meet with the union to reach a settlement.
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More than 30,000 jobs could be at risk at automaker Volkswagen if labor unions refuse to forego wage rises and make other concessions in upcoming negotiations, a top manager was quoted as saying Thursday &#151; comments that drew a sharp response from Germany's largest industrial union.
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RUESSELSHEIM - General Motors, the world&#39;s biggest car maker, said on Thursday that after months of negotiations it had finally reached a framework agreement with unions on a deep restructuring programme for its loss-making German unit Opel.
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Unions at German carmaker Volkswagen agree to hold further talks over work contracts with management.
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Volkswagen challenged its workers with a tough wage plan on Monday ahead of talks seen as a gauge of their readiness to favor job security over pay
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The United Auto Workers and an automotive supplier have reached an agreement that covers current hourly workers and possibly those at yet-to-open factories, the first multi-plant pact negotiated by the UAW in 20 years.
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Volkswagen and its workers entered a critical week in their wage negotiations on Monday, with signs that a compromise was taking shape even as protests flared at factories across Germany.
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Volkswagen&#39;s labor negotiations in Germany began Wednesday with union demands for raises and job guarantees and company calls for a two-year pay freeze.
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HANNOVER, Germany Senior negotiators from Volkswagen and its main union entered another round of negotiations on Tuesday as they worked to reach a cost-cutting contract and head off the first comprehensive strike at the automaker&#39;s factories in western