VW executive: Restructuring needed for bright future at carmaker

NAMPA / DPA

2024-11-26

Salzgitter, Germany (dpa) - Executives at German carmaker Volkswagen, which has warned of potential plant closures and mass lay-offs amid financial struggles, are hoping to reach a deal with the IG Metall trade union by Christmas. "I think there is a great desire on both sides not to have these discussions under the Christmas tree for all employees," Dirk Grosse-Loheide, head of procurement for VW, said on Tuesday at an automotive industry confer......

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