Transportation
VW Workers Rally at German Car Plants Over Cost-Cutting Push
- Labor leaders to inform staff about talks with carmaker
- Company plans reported to include 10% pay cut at main VW brand
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Volkswagen AG workers across Germany will pause production for roughly an hour on Monday to join rallies about the automaker’s plans for unprecedented factory closures in the country.
Labor leaders plan to inform employees from 11 German sites about the status of negotiations with the company. The events kick off a contentious week for Europe’s biggest carmaker, which is expected to post declining sales and profit when it reports third-quarter results on Wednesday.