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. ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Insights

Nov 21, 2016
Video
WardsAuto

2017 Wards 10 Best Engines: Less Is More With Four

Fun-to-drive is a key 10 Best Engines measure when it comes to small-displacement, high-performance four-bangers....More

Newswire

Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More

Enewsletters

Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×