Volkswagen May Be Close to Settling Its Wage Talks
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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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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.
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The IG Metall union pledged its determination to prevail in what is expected to be turbulent salary negotiations this week with car manufacturer Volkswagen, which is demanding large sacrifices from employees.
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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
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Volkswagen confirms it is looking at the possibility of opening an Indian production facility, but insists it has yet to make a final decision.
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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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HANOVER  - Management and unions at German auto maker Volkswagen announced that they had reached an agreement that will bring an end to their long-running wage dispute and probably stave off strike action.
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Volkswagen management has offered to  freeze its own pay for two years in a bid to gain workers'  support for an austerity drive, but union mediators dismissed  the move as a "distraction tactic."
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Volkswagen, Europe's largest carmaker, has become the latest German firm to try to take on unions as it seeks to make major cost cuts.
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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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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.
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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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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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Volkswagen AG, Europe&#39;s largest carmaker, and the IG Metall union said they made no progress in their first negotiating session on a new contract and it will be difficult to reach an accord.
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Volkswagen AG, Europe&#39;s biggest carmaker, faces production losses at its Wolfsburg headquarters after a sixth set of contract talks with union negotiators on cost cuts, job security and pay ended without agreement.
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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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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.