(Recasts with fresh details, analyst, union comments, shares) By Christiaan Hetzner FRANKFURT, Sept 27 (Reuters) - Volkswagen won concessions on Tuesday allowing it to shift workers out of its expensive in-house wage agreement in return for building its new Golf sport utility vehicle Marrakesh at its main German plant in Wolfsburg. Workers' representatives at Europe's biggest carmaker agreed to cut labour costs for the vehicle by 850 euros ($1,025) per unit, averting VW's threat of ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Volkswagen forges agreement to lower labour costs" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642