Update 2: Volkswagen, Workers Renew Wage Talks
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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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HANOVER - Management at Volkswagen and union leaders Wednesday agreed to a 28-month pay freeze as part of plans by the giant German-based carmaker to drastically cut costs.
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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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Volkswagen strikes a deal with unions to extend the working week at six German plants without any increase in pay.
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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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Contract talks between General Motors Corp and the United Auto Workers union resumed late Sunday morning after negotiators talked all day Saturday, a person familiar with the talks said.
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Volkswagen AG, Europe&#39;s largest carmaker, aims to freeze wages and save jobs at its German factories in upcoming wage negotiations with workers.
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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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Volkswagen has arranged further talks over Malaysia carmaker Proton after earlier attempts to broker a deal foundered.
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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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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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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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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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Workers at Germany&#39;s automobile giant Volkswagen (VW) have staged warning strikes in the on-going wage dispute with the management.
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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 (VW) and its workers headed into crucial wage negotiations yesterday that will sorely test the tradition of labour-management co-operation at the car maker as it struggles
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HANOVER - Management at Volkswagen and union leaders were locked in tough wage talks Tuesday as thousands of workers at Europe&#39;s largest car maker staged more warning strikes.