VW works council head demands Porsche job guarantees
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The head of VW's workers' council said in an interview published Monday he wanted assurances that luxury car maker Porsche would respect contract agreements and preserve jobs if it bought the European auto giant.
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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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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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Volkswagen AG has warned its German  workers that more than 30,000 jobs could be lost if they don't  agree to a pay freeze and other concessions, raising the stakes  ahead of negotiations due to start next week.
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German financial markets are rife with speculation that Porsche intends to take over Volkswagen, and Porsche is acting as if it already calls the shots.
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Volkswagen AG, Europe's biggest carmaker, is threatening to slash 30,000 jobs to force unionized employees to accept a pay freeze in the latest and largest labor-management confrontation this year in Germany.
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Disgraced former Volkswagen personnel chief Peter Hartz on Thursday defended the company's ex-boss Ferdinand Piech against charges that he knew of corrupt practices used to ease labour relations.
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Volkswagen  denied on Sunday that the chairman of its supervisory board, Ferdinand Piech, wanted to oust Wendelin Wiedeking as chief executive of sports car maker Porsche , VW's biggest shareholder.
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Negotiators for Volkswagen and its unionized employees began a third round of crucial wage talks in Hanover on Tuesday, with the company pressing its demand for a wage freeze and the union seeking job guarantees and a wage increase of 4 percent annually.
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Porsche, the German maker of luxury sports cars, wants to extend working hours and cut jobs, its chairman said in a newspaper interview at a time when other car makers in Germany are also drastically reducing their workforce in an attempt to drive down costs.
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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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Volkswagen AG, Europe's biggest automaker, said Friday it was open to labor union demands for job guarantees if employees agree to work longer for the same pay.
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Luxury car firm Porsche said Tuesday it will mount a legal challenge to a plan to more than triple the charge for "gas guzzling" vehicles entering central and west London.
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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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A German court rejected Wednesday a request by the Volkswagen workers' council to suspend the registration of sports car maker Porsche under a European statute that would see workers' representation reduced on a new supervisory board, a court spokesman said.
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FRANKFURT Representatives of Volkswagen and its labor union faced off across a table Wednesday, opening a round of negotiations that will be closely watched here as a test of how long German workers can preserve their privileged place in the global auto