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VW Executives Face Pay Cuts
VW Executives Face Pay Cuts as Part of Restructuring Deal
Volkswagen AG managers are facing hefty pay reductions in the coming years as part of an agreement with labor to make Europe’s biggest automaker more competitive.
VW reaches union deal to cut 35,000 German jobs after gruelling talks
Volkswagen on Friday announced sweeping changes to its German operations, including more than 35,000 future job cuts and sharp capacity reductions in a last-gasp deal between Europe's top carmaker and unions to avert mass strikes.
VW Deal Avoids Plant Closures, but Not Job Cuts
VW prepares for an uncertain 'Zukunft' with 35,000 fewer jobs, squeezed by entirely new competitors and rising costs.
cbtnews
4h
CNCDA takes legal action against VW’s direct sales plans for Scout brand in California
The CNCDA issued a cease-and-desist letter to VW and its affiliate, Scout Motors, following VW’s announcement to sell ...
https//carbuzz
6h
VW Deal Keeps German Factories, Prevents Mass Layoffs, Saves Billions
Volkswagen and IG Metall have made a deal to save the automaker's plants in Germany. The potential for mass layoffs and ...
1d
on MSN
VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reports
A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung ...
3d
on MSN
VW wage deal for 120,000 German workers avoids layoffs, plant closures
Volkswagen’s employee representatives say they have reached a wage deal. The deal will ward off management proposals for ...
7d
The future-retro VW microbus is finally here—quirks and all
The battery-electric revival of the classic VW microbus is finally here. The Volkswagen ID.BUZZ concept debuted at the North ...
2d
on MSN
VW Won’t Close 10 Plants After All Following Union Agreement
The German automaker and union leaders reached a labor deal to guarantee jobs until 2030, avoiding further mass worker ...
6h
on MSN
Feds Deepen VW Atlas Probe Over Phantom Braking Issues Potentially Linked To Four Injuries
NHTSA investigation reveals 44 complaints of unintended braking in 2019 VW Atlas models. Phantom braking complaints include ...
10h
on MSN
Driven: 2024 VW Golf GTI 380 Bids Farewell to the Manual
If you ask us, every Volkswagen Golf GTI is a good GTI, but it's clear that VW knows what really makes its hot hatch great.
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