VW, IG Metall union fail to agree as layoffs, plant closures loom

VW T-Roc Cabriolet Osnabrueck — Production of the VW T-Roc Cabriolet in Osnabrueck. The plant has been mentioned by analysts as a potential candidate for closure. (VW)

By:

from wire reports

September 26, 2024 07:29 AM

HANOVER, Germany -- Volkswagen and the IG Metall union made no progress in crunch talks over pay, with mass layoffs and plant closures at the automaker's German operations still possible, both sides said.

Featured Stories

Here’s our list of the 2025 top 100 dealership groups in used-vehicle sales

Tariffs could force top dealership groups to pivot on used-car strategy

Nissan tells dealers no price hikes until June amid tariff ‘storm’

Roger Penske to receive Automotive News Centennial Award June 25

Latest News

Daily 5 report for April 21: Tesla concerns grow on Wall Street as Q1 earnings loom

Nissan tells dealers no price hikes until June amid tariff ‘storm’

Washington dealership group, former partner, Assurant battle in court after switch in F&I providers

AutoNation hires former Nissan executive to become next marketing chief

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Porsche Experience Centre to open in Toronto in June

Scout hires former Bentley exec as COO, names new production boss

European sales up 3% in March, as EVs, plug-in hybrids and Chinese brands surge

Interactive data dashboard: Get the latest Europe sales and other key statistics

Staying current is easy with newsletters delivered straight to your inbox.