VW and union resume wage talks
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Senior negotiators from Volkswagen and its main union have met to seek a deal on cost cutting that could head off the first full-blown strike at the carmaker&#39;s western German factories.
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Wage negotiations between Volkswagen AG and Germany&#39;s biggest industrial union broke up without agreement Thursday, but the two sides agreed to hold more talks next week even as the union presses ahead with plans for a flurry of short work stoppages.
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Workers at Volkswagen's German plants have started a series of small-scale strikes as the carmaker continues to discuss cost-cutting plans with unions.
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Negotiators from Volkswagen AG and Germany's biggest industrial union held a new round of wage talks Thursday, with the union threatening a flurry of short warning strikes if it doesn't get the job guarantees and wage increases it is demanding.
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Volkswagen again threatened to move jobs abroad as management sat down with unions to resume wage talks at a time when Europe's biggest car maker is seeking to impose controversial and painful cost cuts on its workforce.
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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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Workers at Volkswagen's German plants have started a series of small scale strikes as the carmaker continues to discuss cost-cutting plans with unions.
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Automaker Volkswagen said Monday there is "no room" for wage increases this year as it prepares for pay talks with Germany's largest industrial union.
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Volkswagen, Europe's leading car maker, said it saw no room for wage hikes in the upcoming pay talks, rejecting union demands for pay increases of four percent and wide-ranging job guarantees.
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Volkswagen reiterated its demand for a two-year pay freeze Wednesday in the first round of wage negotiations expected to test the automaker&#39;s historically cozy relationship with its workers.
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Volkswagen and its workers headed into 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 AG, Europe&#39;s largest carmaker, wants German workers to agree to a two-year wage freeze to cut costs amid a stagnating market, dismissing a union demand for a 4 percent yearly raise.
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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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Deutsche Telekom AG and union negotiators resumed talks Wednesday hoping to end a monthlong strike over a plan to transfer workers to a new services unit and cut pay.
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FRANKFURT Volkswagen and its workers entered a critical week in their wage negotiations Monday, with signs that a compromise was taking shape even as protests flared at factories across Germany.
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Representatives from German carmaker Volkswagen AG and a labor union said Friday they had agreed to increase working hours at plants in western Germany by more than four hours a week to 33 hours, without any increase in pay.
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United Auto Workers and General Motors Corp  resumed negotiations for a new labor contract on Wednesday, five days past the expiry of the previous pact.