No plant closures, but VW Group manufacturing capacity will be cut by 730k across German plants and 35k jobs to go.

After 70 hours of marathon negotiations, Volkswagen (VWAGY, VWAPY) and the German union representing one-third of the ...

Volkswagen and IG Metall have made a deal to save the automaker's plants in Germany. The potential for mass layoffs and unprecedented plant closures is now over, at least until 2030, and wage cuts ...

Volkswagen and IG Metall leaders are racing against the clock to secure a deal before Christmas Day to avoid massive strikes.

According to media reports, the collective bargaining parties “wrestled” for more than 70 hours over five days to reach an ...

Volkswagen's chief executive welcomed a deal to slash jobs and reduce production capacity in Germany without the need to ...

IG Metall union leader Christiane Benner has called for a determined industrial policy at a European level to combat ...

Volkswagen (OTCPK:VWAGY), (OTCPK:VWAPY) and the powerful German IG Metall union continue to hold negotiations to resolve ...

IG Metall and Volkswagen have reached an agreement to avoid any plant closures and reinstate a job security assurance ...

Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity ...

Volkswagen and German unions are in intense negotiations to avoid plant closures and layoffs, which could lead to strikes.