MADRID – Volkswagen signals to the works council at its Landaben plant, near Pamplona, it is considering investing €785 million ($1.02 billion) over five years there to produce the next-generation Polo. Most of the money would be spent to retool the plant for the new model. In exchange for the investment, the German auto maker wants reductions in labor costs and improvements in shift-schedule flexibility. Analysts say VW is looking for an immediate reduction in pay to ...
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