VW law, seen mid-year, to empower workers -report

Newswire

BERLIN, Jan 31 (Reuters) - Germany is set to bring into effect by mid-year a new law that preserves strong labour and state influence at Volkswagen , Europe's largest car manufacturer, a magazine reported on Thursday. The proposal, if enacted, would represent a defeat for VW's largest shareholder Porsche , allowing VW's organised labour to veto management decisions to close production plants. Without citing a source, German magazine Focus said the cabinet was ready to back the draft law ...

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