Porsche-Piëch family pushes for Volkswagen plant closures

Management, the Porsche/Piëch families and industry experts are pushing for individual VW factories in Germany to be closed. For the employees, this would be a red line being crossed. IG Metall and the works council could now prevail, and not only in view of the time pressure.

Volkswagen's Tense Negotiations with Labor Unions: Will They Reach a Deal?

Volkswagen's Tense Negotiations with Labor Unions: Will They Reach a Deal? Negotiations between Volkswagen and labor unions, focused on plant closures and pay reductions, are projected to extend through Thursday with no deal yet in sight, according to insiders.Talks, initiated on Monday, aim to reach an agreement before the holiday season to prevent significant strikes warned by IG Metall, possibly commencing next year. Though insiders suggest …

VW Nears Deal With Unions That Would Keep German Car Plants Open

Volkswagen AG and labor leaders are moving closer to an agreement to restructure the automaker’s namesake brand without shuttering factories in Germany, according to people familiar with the matter.

Porsche Holding, Europe's largest car dealer, reports only a slight decline in new car sales to 692,000 vehicles, making it “stable.” Holding CEO Schützinger is confident about 2025.

Porsche-Piëch family pushes for Volkswagen plant closures

German carmaker’s majority owner has emerged as a hardline backer of cost cuts

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