2024-12-19 23:55:09
Automotive
Business
Economy
Intense Labor Negotiations at Volkswagen Amid Uncertain Times
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NDR
Wage negotiations at VW: Employees worried and hopeful
Economy
Wage negotiations at VW: Employees concerned about locations like Emden, which has been converted to electric mobility. Discussion about wage cuts for employees in the "Tarif Plus" group with high salaries.
zeit
Labor Court Proceedings: VW Managers Demand Millions in Damages from Automaker
Economy
Two VW managers are demanding 7.5 million euros in damages from the automaker. They feel they were disadvantaged after reporting internal grievances, including health-hazardous pollutants and deficiencies in the documentation of installed materials. VW rejects the allegations. The managers reported the alleged violations to BaFin, the LKA, and the KBA.
EuroNews
Volkswagen's majority shareholder Porsche-Piech family in favor of closing factories in Germany
Economy
Finance
Volkswagen's majority shareholder Porsche-Piech family supports the closure of German factories. The reason for this is the decline in European sales, high labor costs and excess inventory. Porsche SE may have to reduce its stake in Volkswagen. Chinese competitors, especially in electric vehicles, are posing a challenge to Volkswagen; Hybrid vehicles, on the other hand, are exempt from EU customs duties.
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