Volkswagen and Labor Union Near Agreement on Restructuring Without Plant Closures — Bloomberg
Volkswagen management is prepared to keep factories operational and guarantee job security until 2030 in exchange for the cancellation of bonus payments.
Additional cost-cutting measures under consideration include relocating Golf production to Mexico and halting electric vehicle production in Zwickau, Germany.
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Volkswagen management is prepared to keep factories operational and guarantee job security until 2030 in exchange for the cancellation of bonus payments.
Additional cost-cutting measures under consideration include relocating Golf production to Mexico and halting electric vehicle production in Zwickau, Germany.
Follow MM on Telegram