VW mulls N. America plant due to dollar weakness
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Volkswagen , the world&#39;s  fourth-largest carmaker, is considering building a new North  American factory if the dollar stays weak, Chief Executive  Martin Winterkorn said in an interview with German magazine  Focus.
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German car maker Volkswagen  plans production of engines and transmissions in North America to reduce its exposure to the U.S. dollar exchange rate, the German magazine Automobilwoche reported on Saturday.
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Two of Europe's biggest car-makers, Volkswagen and Opel, will this week open the latest front in German industry's battle to slash costs, secure longer working hours and impose more flexible conditions -- or ...
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For every cent the U.S. dollar drops on currency markets, life gets harder for cuckoo clock makers in Germany s Black Forest.
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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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Business & money: Investors ploughed money into metal on back of concerns about dollar weakness and US slowdown
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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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Over the weekend, the U.S. Federal Reserve Chairman Alan Greenspan hinted at the maintenance of ``weak dollar policy (in Germany) while President Bush said he is committed to a ``strong dollar (in Chile). In a ...
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OTTAWA (CP) - Sustained weakness in the US dollar will dampen American demand for Canadian products at the same time the global economy also appears to be slowing, Bank of Canada Governor David Dodge warned Wednesday.
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WOLFSBURG: Volkswagen challenged its workers with a tough wage plan yesterday ahead of talks seen as a gauge of their readiness to favour job security over pay rises, a swap that could make Europe&#39;s biggest economy more competitive.
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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 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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Oil producing â-pec and non-Opec â -ntries are concerned about the recent heavy fall in the value of dollar, in which international crude oil sales are priced.
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Volkswagen AG  will decide in  2008 where to build a new auto plant in North America, VW  chairman Martin Winterkorn said on Sunday.
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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 ...
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ECONOMISTS may be fretting about the implications for the global economy of the near historically weak US dollar.
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Volkswagen challenged its workers with a tough wage plan on Monday ahead of talks seen as a gauge of their readiness to favor job security over pay