Volkswagen seeks two-year German wage freeze

Newswire

WOLFSBURG, Germany, Aug 23 (Reuters) - Volkswagen wants to freeze the pay of its western German workers for two years as part of its plan to lop more than 2 billion euros ($2.45 billion) from its labour costs within six years, personnel chief Peter Hartz told reporters on Monday. He also rejected a demand from labour union IG Metall that Europe's biggest carmaker guarantee the jobs of 103,000 workers at six western German plants for around 10 years when the two sides hold wage talks next ...

Premium Content (PAID Subscription Required)

"Volkswagen seeks two-year German wage freeze" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×