Volkswagen Says It Will Not Increase Wages
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Automaker Volkswagen said Monday there is &quot;no room&quot; for wage increases this year as it prepares for pay talks with Germany&#39;s largest industrial union.
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A union representing Volkswagen workers on Thursday threatened to call for short warning strikes if no wage deal is reached this month, though union leaders say they're still willing to discuss ways to lower ...
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Volkswagen AG, Europe's biggest carmaker, is threatening to slash 30,000 jobs to force unionized employees to accept a pay freeze in the latest and largest labor-management confrontation this year in Germany.
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Representatives from Volkswagen AG and Germany's biggest industrial union said Friday they had agreed to increase working hours at plants in western Germany by more than four hours a week to 33 hours without ...Comment
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Wage negotiations between Volkswagen AG and Germany&#39;s biggest industrial union broke up without agreement Thursday, but the two sides agreed to hold more talks next week even as the union presses ahead with plans for a flurry of short work stoppages.
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FRANKFURT -- Automaker Volkswagen AG said yesterday there is ''no room&quot; for wage increases as it prepares for pay talks with Germany's largest industrial union, and detailed proposals to trim labor costs by cutting paid breaks and increasing flexible working time.
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Volkswagen enters a fresh round of talks with its workers on Tuesday but analysts say little headway is likely as unions protest against the carmaker's threats to axe more than 30,000 employees in Germany.
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GM guru Robert Lutz says the company won't cut car prices, despite the cost savings in the new union contract.
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The head of personnel at Volkswagen AG said the automaker will have to make dramatic reductions in jobs in Germany if it doesn't get the labor-cost savings it wants in ongoing wage talks, a newspaper reported ...
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Volkswagen&#39;s labor negotiations in Germany began Wednesday with union demands for raises and job guarantees and company calls for a two-year pay freeze.
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BRUSSELS : The European Commission sued the German government after it ignored demands to amend a law that protects national car icon Volkswagen from hostile takeover.
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Volkswagen AG said Monday there is &quot;no room&quot; for wage increases as it prepares for pay talks with Germany&#39;s largest industrial union, and announced plans to trim labor costs by cutting paid breaks and increasing flexible working
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German train drivers' union GDL said Sunday it did not plan further strikes in its bitter battle for a new wage deal and was confident about reaching an accord with employers by the end of the month.
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Workers and managers at Volkswagen&#39;s German plants are &quot;miles apart&quot; in their negotiations over a new pay deal, union representatives have said.
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Workers at Germany&#39;s automobile giant Volkswagen (VW) have staged warning strikes in the on-going wage dispute with the management.
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Volkswagen  denied on Sunday that the chairman of its supervisory board, Ferdinand Piech, wanted to oust Wendelin Wiedeking as chief executive of sports car maker Porsche , VW's biggest shareholder.
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FRANKFURT Volkswagen said Monday that there was &quot;no room&quot; for wage increases, dismissing a union demand for a 4 percent annual increase and instead announcing plans to cut paid breaks and increase flexible working time.