VW to pay reduced 7,200-euro bonus to German workers

Newswire

BERLIN, Feb 27 (Reuters) - Volkswagen said on Wednesday it will pay its German workers a 7,200-euro ($9,400) bonus for 2012, a reduction of 4 percent on the previous year's payout despite Europe's biggest car maker having posted a record profit and sales. The manufacturer's supervisory board took steps last week to limit bonuses for top executives, capping Chief Executive Martin Winterkorn's total 2012 pay at 14.5 million euros. A year earlier the CEO earned ...

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