Negotiations between Volkswagen and the IG Metall union are reportedly nearing a resolution, with an agreement on a significant cost-cutting package for the automaker. While potential plant closures seem to have been ruled out for some facilities, final approvals from…

Volkswagen is experiencing widespread strikes across nine of its ten German locations, fueled by worker protests against proposed pay cuts and potential layoffs. Led by IG Metall, over 66,000 employees have participated in the strikes as they demand better job…

Volkswagen’s management has rejected the employee proposal to consolidate costs, claiming that it does not effectively provide the necessary financial relief. The company stated that a sustainable saving of 1.5 billion euros is not achievable, resulting in disappointment from the…