Volkswagen AG reaches an agreement with union leaders at its Navarre, Spain, assembly plant, averting pending job cuts. The union agrees to institute flexible labor practices, including the reduction of 10 working days per year, as well as pay cuts. VW says it needed the concessions from the union or the auto maker would be forced to lay off a portion of the 5,000 workers at the plant, which builds the slow-selling Polo small car. The workday changes are expected to reduce Navarre’s ...

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