determination
26/06/2026 09:16
German union warns over threats to VW sites and co-determination BERLIN, June 26 (Reuters) - German union IG Metall said on Friday that media reports about Volkswagen's restructuring plans were rightly causing concern among workers and in the regions where the carmaker operates.
The union said threats to Germany's special VW law, that protects the carmaker from takeovers and guarantees the state of Lower Saxony a blocking minority, co-determination and plant locations were irresponsible. It urged the board to focus instead on competitive products and securing jobs.
(Reporting by Kirsti Knolle, Editing by Friederike Heine)
Recent news on Volkswagen AG
See all newsBrief: Volkswagen: Entered Into Strategic Partnership With Denmark's Connected Cars
China's BYD nears decision on second European plant, adviser says (updated)
Volkswagen cuts are 'wake-up call' for European industry, BYD advisor says
Auto File: Northern Exposure
Graphic: Volkswagen's crisis in five charts