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VW offers 14% wage hike over four years

Hosted on MSN · 21h

As Volkswagen workers strike in Germany over pay cuts, carmaker offers Tennesse workers 14% wage hike

Volkswagen is struggling to satisfy workers on both sides of the Atalntic Ocean amid need for aggressive cost cuts.

Reuters · 3d

VW offers 14% wage hike over four years to Tennessee factory workers

Volkswagen said Wednesday it is offering its newly unionized workers at its Tennessee assembly plant a 14% wage increase over four years and profit sharing.

Carscoops · 2d

VW Offers Its UAW Workers 14% Pay Rise Over Four Years

Officials from the UAW say VW is not taking its demands seriously. VW has described its offer as “compelling,” noting that it adds profit sharing. UAW representatives have been discussing a new contract with VW for several months.

ViewusGlobal on MSN · 2d

UAW Stands Firm as Volkswagen Offers 14% Wage Increase to Tennessee Workers

Volkswagen's wage increase proposal faces union criticism amid historic unionization at its Tennessee plant, highlighting labor tensions.

Porsche, Volkswagen

Bloomberg on MSN · 1d

Volkswagen’s Top Owner Warns of Up to €20 Billion Impairment

Volkswagen AG’s biggest shareholder withdrew its forecast for the year and warned of massive impairments of its investments in the struggling German carmaker.

Reuters · 1d

Porsche SE to take up to $21 billion impairment on Volkswagen stake

Porsche SE, Volkswagen's top shareholder, on Friday warned it may write down the value of its stake in Europe's top carmaker by up to 20 billion euros ($21 billion), in the latest sign of how VW's cost crisis has shaken investor faith in the carmaker.

The Wall Street Journal on MSN · 1d

Porsche SE To Take Up to $20.9 Billion Charge on Volkswagen Stake

Porsche SE said it expects to take a multibillion-dollar write down on the value of its investment in Volkswagen, citing various challenges facing the automaker. The company, which is controlled by the Porsche-Piech family and holds big stakes in Volkswagen and Porsche,

Volkswagen: “New era” in social policy means thousands of auto jobs cut

The declaration of war on the VW workforce heralds a new era in social policy that affects more than just Volkswagen. Just as ...

Volkswagen: Restructuring In Place Means Short-Term Pain And Long-Term Gain

Our 2025 forecast shows a 5.61% EBIT margin with significant restructuring efforts. See why we are bullish on Volkswagen's ...

2don MSN

Pressure is mounting on Volkswagen

Volkswagen’s troubles extend beyond its factories. The strikes come at a time of broader economic and political uncertainty ...

cbtnews4d

Volkswagen strikes stall as additional negotiations are scheduled

Volkswagen and IG Metall failed to reach an agreement, and negotiations over controversial cost-cutting measures will resume ...

Volkswagen and Labor Leaders to Meet Next Week as Latest Talks End Without Agreement

Both sides said the latest round of negotiations had been constructive, but further talks would be needed to find a way ...

Volkswagen CEO Blume Touts Cost Cuts, New Strategy for China

Volkswagen AG Chief Executive Officer Oliver Blume vowed to continue cutting costs as the German automaker charts a new ...

Volkswagen's Audi to halt Brussels production by Feb 28

Volkswagen's Audi plant in Brussels will cease production by Feb. 28 next year, Belgian media cited an Audi spokesperson as ...

Volkswagen braces for fresh strikes as salary cut talks resume

Workers at Europe's largest carmaker, Volkswagen, are set to launch rolling strikes at nine plants in Germany for the second ...

Motor Trend on MSN4d

More Buzz, Less Beetle in Volkswagen’s Future

Another vehicle North America is waiting for is the Volkswagen ID7 midsize sedan, which was to come to the U.S. in 2024, but ...

Consumer Reports3h

Volkswagen Golf Alltrack

Volkswagen turned the Golf wagon into a small-SUV alternative with the Alltrack by endowing it with standard all-wheel ...

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VW offers 14% wage hike over four years

Porsche, Volkswagen

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