Volkswagen nears wage deal for more than 100,000 workers

Newswire

HANOVER, Germany, May 28 (Reuters) - Volkswagen is nearing a deal with the IG Metall labour union to raise wages for workers at its German factories, just as Europe's biggest automaker grapples with slowing sales and falling profit. "We will reach a deal," a spokesman for IG Metall said early on Tuesday. A spokesman for Volkswagen added that some details still needed to be worked out before an agreement could be signed, while declining to provide specifics. ...

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