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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 and its employee representatives said Friday they have reached a wage deal for 120,000 German workers that avoids plant closings and bars involuntary layoffs through 2030. The agreement ...
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% ...
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.
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. - Volkswagen will reduce VW AG's staff in Germany by more than 35,000 ...
In July 1968, Leiding left Ingolstadt to take on the chairmanship of Volkswagen of Brazil. His time in São Paulo saw the development of the Volkswagen SP2 to be launched in 1972, one year after he went back to Germany to assume his position as VW CEO. Over the space of three years from 1968 to 1971 he also achieved, a 50% increase in ...
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.