VW stock weak ahead of union vote on wage talks
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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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HANOVER, Germany - Several thousand Volkswagen AG workers took to the streets Tuesday to press their demand for wage increases and pay guarantees as the automaker prepared to resume pay negotiations with Germany&#39;s biggest industrial union.
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Negotiations between VW and unions about radical cost savings at its German factories resume against a backdrop of falling profits at Europe's largest car maker.
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BERLIN  - Volkswagen AG reported a 65 per cent drop in third-quarter net profits amid fiercely competitive markets and difficult economic conditions such as a strong euro and high oil prices.
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FRANKFURT : Labour conflict looks set to boil over in the German automobile sector in the coming weeks as car makers such as Volkswagen and Opel seek to impose rigorous belt-tightening measures as an answer to chronically weak demand.
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Outraged workers in Germany refuse to resume production as automaker seeks to save $623.8Ma year. FRANKFURT, Germany  - General Motors management started negotiations with union leaders Monday over
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German car giant Volkswagen complained that cut-throat competition, high oil prices and the weak dollar had nearly halved its earnings so far this year.
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Volkswagen says it may need to slash 30,000 jobs if unions refuse to agree to pay freezes at next week's talks.
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Volkswagen AG said Monday there is &quot;no room&quot; for wage increases as it prepares for pay talks with Germany&#39;s largest industrial union, and announced plans to trim labor costs by cutting paid breaks and increasing flexible working
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Carmaker Volkswagen could become the next venue for strikes after personnel chief Peter Hartz called for a two-year wage freeze Monday.
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Volkswagen demanded a two-year wage freeze for the 170,000-strong workforce at Europe&#39;s biggest car maker yesterday, provoking union warnings of imminent conflict at key pay and conditions negotiations.
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Automaker Volkswagen AG and Germany&#39;s biggest industrial union said Tuesday they have made some progress in difficult pay negotiations, but were cautious on prospects of a quick deal in talks that were marked by worker protests.
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Workers and managers at Volkswagen&#39;s German plants are &quot;miles apart&quot; in their negotiations over a new pay deal, union representatives have said.
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Volkswagen AG and metalworkers union IG Metall both dug in their heels on Sunday before increasingly bitter wage talks resume that could lead to the first strike ever at Europe&#39;s biggest carmaker.
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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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4,000 Volkswagen employees yesterday staged strikes against plans by the car manufacturer to freeze wages for two years. Volkswagen says it needs to cut costs because of competition from low-cost rivals, and
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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 Wednesday.