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

Volkswagen (VWAGY) and the IG Metall union come to an agreement, averting a strike of Germany's largest employer. Read more ...

The automaker agreed to keep all 10 of its factories in Germany open and to guarantee workers’ jobs until the end of 2030.

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

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

IG Metall union says wage deal reached with Volkswagen to avoid plant closings, involuntary layoffs for German workers.

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

Following weeks of negotiations punctuated by strikes, the German union and the Volkswagen workers' council said that the deal would avert plant closures and forced redundancies b ...

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

The deal between Germany’s largest employer and the powerful IG Metall union would save Volkswagen (VWAGY, VWAPY) €15B annually by cutting manufacturing capacity by more than 700K at plants ...

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