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As in Tennessee, however, Volkswagen has struggled to get its points across in Germany. Nearly 100,000 Volkswagen workers are reported to have joined strike action at the start of December as ...
Volkswagen workers have begun mass strikes across Germany as the company threatens to cut pay and close factories to combat a slack European car market.. The strikes come amid a spate of warnings ...
The Volkswagen Act is a set of German (originally West German) federal laws enacted in 1960, regulating the privatization of Volkswagenwerk GmbH into the Volkswagen Group. [1] In order to maintain government control in the privately owned company, it stipulated that the votes in major shareholder meeting resolutions require 4/5th (80% ...
Volkswagen has said it may need to close plants in Germany for the first time in its 87-year history. In October, it also said employee pay would need to be cut by 10% to make the company more ...
Commission v Germany (2007) C-112/05 is an EU law case, relevant for UK enterprise law, concerning European company law.Following a trend in cases such as Commission v United Kingdom, [1] and Commission v Netherlands, [2] it struck down public oversight, through golden shares of Volkswagen by the German state of Lower Saxony.
Ferdinand Karl Piëch (German pronunciation: [ˈfɛʁdinant ˈpiːɛç] ⓘ; 17 April 1937 – 25 August 2019) [3] was an Austrian business magnate, engineer, and executive who held the positions of chairman of the executive board (Vorstandsvorsitzender) of the Volkswagen Group from 1993 to 2002, and chairman of the supervisory board (Aufsichtsratsvorsitzender) from 2002 to 2015.
Volkswagen is weighing whether to close factories in Germany for the first time in its 87-year history as it moves to deepen cost cuts amid rising competition from China’s electric vehicle makers.
Roughly 120,000 of the Volkswagen brand's 200,000 employees are Germany-based. In Wolfsberg specifically, half of the supervisory board’s seats are held by labor representatives, which could ...