Hello and welcome to the details of Volkswagen nears deal with unions to keep car plants open in Germany and now with the details
Nevin Al Sukari - Sana'a - Volkswagen cars are parked outside a VW dealership in London. — Reuters
BERLIN, Dec 19 — Volkswagen and labour unions are nearing an agreement to restructure the brand without closing factories in Germany, Bloomberg reported today, citing people familiar with the matter.
The management is willing to keep plants running and restore job security agreements until 2030 in exchange for workers foregoing bonus payments, the sources said.
Additional cost-cutting measures include moving production of the Golf hatchback from Germany's Wolfsburg factory to Mexico, and ending the production of VW-branded electric vehicles in Zwickau to trim capacity, according to the sources. — Reuters
These were the details of the news Volkswagen nears deal with unions to keep car plants open in Germany for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at Malay Mail and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
