Labor & Human Resources

  • Newswire

    UPDATE 1-Volkswagen CEO Winterkorn to stay in defeat for chairman  

    * Top VW panel backs CEO in clash with chairman * Panel to propose extension of Winterkorn's contract * Patriarch Piech had pushed for CEO change (Adds comments from VW, Audi works council chief and background) By Andreas Cremer BERLIN, April 17 (Reuters) - Martin Winterkorn will stay on as chief executive of Volkswagen, the German carmaker said on Friday, in an unprecedented defeat for its powerful chairman....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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