UPDATE 1-Auto 5000 unit a model for VW wage plan

Newswire

(Adds background, share price) WOLFSBURG, Germany, June 23 (Reuters) - Volkswagen will use its Auto 5000 division as a model for a new in-house pay agreement which the carmaker is trying to adopt as a way to cut labour costs, its personnel chief said on Friday. Around 3,800 employees in Auto 5000, who build the Touran van, earn nearly 2,600 euros ($3,272) a month and work up to 42 hours a week. Staff employed under the standard VW in-house wage deal earn the same amount but work 28.8 ...

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