Labor & Human Resources

  • Newswire

    VW Stakeholders Back Embattled CEO Winterkorn  

    Labor leaders at Volkswagen and the German state of Lower Saxony, which holds 20% of VW's voting rights, say they continue supporting the CEO whose ouster is being sought by Chairman Ferdinand Piech....More
  • Newswire

    UPDATE 3-Volkswagen CEO survives challenge from powerful chairman  

    * Top VW panel backs CEO in clash with chairman * Row comes as carmaker cuts costs to boost profit * Analysts say too early to write off Piech (Adds analyst comments, share price comparison and background) By Andreas Cremer and Jan Schwartz BERLIN/HAMBURG, April 17 (Reuters) - Volkswagen CEO Martin Winterkorn has survived a challenge from powerful chairman Ferdinand Piech, but their row remains a distraction for the carmaker as it struggles to boost profits and revamp its ailing U.S. business....More
  • Newswire

    VW Moving to Take CEO Scrap Out of Public Eye  

    Sources with the automaker say Chairman Ferdinand Piech will meet within days with cousin Wolfgang Porsche and other family members to discuss Piech's public criticism of CEO Martin Winterkorn....More
  • Newswire

    Report Indicates Discord Between VW Chairman, CEO  

    A German magazine quotes Volkswagen Chairman Ferdinand Piech as saying, "I have distanced myself from (CEO Martin) Winterkorn" and adds the CEO has no chance to succeed him....More
  • Newswire

    Former FAW-VW Executive Gets Life Sentence for Bribery  

    Shi Tao, former deputy general manager of the FAW-Volkswagen joint venture's sales arm, was convicted of taking ¥33 million for steering business orders to advertisers and car dealers....More
  • Newswire

    Unions at Volkswagen's Skoda Unit Threaten Strike  

    Unions at the Czech Republic economy-car manufacturer have rejected VW's offer a 3% pay raise and say morning- and afternoon-shift workers will take one hour off April 15 and conduct a protest....More
  • Apr 1, 2015

    Is UAW Willing to Give or Just Take?

    Wall Street is reaping most of the riches of America’s resurgence, why not give a little bit of Wall Street to blue collar workers? That’s the fastest way to help bridge the gap in income inequality....More
  • Newswire

    Hyundai Motor Chair's 2014 Compensation $5.2 Million  

    Chung Mong-koo's 2% raise reflects the automaker's lackluster 2014 earnings stemming from a weak yen and ruble....More
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