VW Cuts Workers' 2013 Bonuses Amid Shrinking European Car Market

Newswire

* Western German workers to be paid 6,200 euros * 2013 bonus about 1,000 euros lower than in 2012 * Tougher market conditions caused drop -labor leader BERLIN, Feb 26 (Reuters) - Volkswagen will pay German workers a lower bonus for 2013 than a year earlier, as slumping demand in core European car markets hurt sales and profit at its major brand. Deliveries of VW-branded cars, accounting for over 60 percent of last year's record 9.7 million group deliveries, shrank 3.9 percent in western ...

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