Volkswagen is set to make an unprecedented move: closing three German factories in a drastic cost-saving effort aimed at ...

Volkswagen has proposed to cut wages at its brand by 10% to tackle weak demand and high costs, the division's personnel chief ...

Volkswagen has finally presented their proposal to the IG Metall union, which calls for the elimination of some bonuses as ...

According to the VW Works Council, thousands of VW employees are set to soon receive anniversary bonuses, which management now wants to cut. Under the current collective agreement, workers receive ...

Volkswagen on Wednesday said it had demanded a 10-percent wage cut in negotiations with workers' groups that fear the ailing German auto giant will close several plants on its home turf. VW ...

Volkswagen AG laid out a cost-savings proposal to workers that could avoid factory closures in Germany. Arne Meiswinkel, the automaker’s chief negotiator, said the plan includes a 10% pay cut ...

Volkswagen AG plans to close at least three factories in Germany as Europe’s biggest automaker tries to slash expenses to ...

FRANKFURT (Reuters) - Volkswagen has proposed to cut wages at its brand by 10% to tackle weak demand and high costs, the division's personnel chief Arne Meiswinkel told journalists after the ...

Volkswagen on Wednesday said it had demanded a 10 percent wage cut in negotiations with a German union that fears the ailing auto giant will close several plant... Already a Barron's subscriber?