Union Representing Volkswagen Workers Plans Friday Presser

Dow Jones12-20 22:32

By Sarah Sloat

The union representing Volkswagen workers plans a press conference Friday on the status of its talks with the carmaker, raising expectations that an agreement could be in the offing.

The IG Metall union said it scheduled a press conference at 1830 CET, without providing further details.

Earlier Friday, Volkswagen said talks with labor representatives were making progress, but that no agreement had been reached on a restructuring plan for the group's German operations.

Negotiators have been in discussions for weeks, trying to reach an agreement on how to proceed with cost cuts that would help Volkswagen restore its competitiveness.

Write to Sarah Sloat at sarah.sloat@wsj.com

(END) Dow Jones Newswires

December 20, 2024 09:32 ET (14:32 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492844119?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-20 22:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492844119","market":"nz","top_or_hot":-1,"title":"Union Representing Volkswagen Workers Plans Friday Presser","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\n \n</pre>\n<p>\n  By Sarah Sloat \n</p>\n<pre>\n \n</pre>\n<p>\n  The union representing Volkswagen workers plans a press conference Friday on the status of its talks with the carmaker, raising expectations that an agreement could be in the offing. \n</p>\n<p>\n  The IG Metall union said it scheduled a press conference at 1830 CET, without providing further details. \n</p>\n<p>\n  Earlier Friday, Volkswagen said talks with labor representatives were making progress, but that no agreement had been reached on a restructuring plan for the group's German operations. \n</p>\n<p>\n  Negotiators have been in discussions for weeks, trying to reach an agreement on how to proceed with cost cuts that would help Volkswagen restore its competitiveness. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Sarah Sloat at sarah.sloat@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  December 20, 2024 09:32 ET (14:32 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Union Representing Volkswagen Workers Plans Friday Presser</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnion Representing Volkswagen Workers Plans Friday Presser\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-20 22:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Sarah Sloat \n\n\n \n\n\n  The union representing Volkswagen workers plans a press conference Friday on the status of its talks with the carmaker, raising expectations that an agreement could be in the ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VWAPY","symbol_name":"Volkswagen AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2492844119","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492844119","pubTimestamp":1734705120,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"The union representing Volkswagen workers plans a press conference Friday on the status of its talks with the carmaker, raising expectations that an agreement could be in the offing.The IG Metall union said it scheduled a press conference at 1830 CET, without providing further details.Earlier Friday, Volkswagen said talks with labor representatives were making progress, but that no agreement had been reached on a restructuring plan for the group's German operations.Negotiators have been in discussions for weeks, trying to reach an agreement on how to proceed with cost cuts that would help Volkswagen restore its competitiveness.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VWAPY":"Volkswagen AG","BK4099":"汽车制造商"},"translate_title":"代表大众汽车工人的工会计划周五举行新闻发布会","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VWAPY":0.9},"content_text":"By Sarah Sloat \n\n\n \n\n\n  The union representing Volkswagen workers plans a press conference Friday on the status of its talks with the carmaker, raising expectations that an agreement could be in the offing. \n\n\n  The IG Metall union said it scheduled a press conference at 1830 CET, without providing further details. \n\n\n  Earlier Friday, Volkswagen said talks with labor representatives were making progress, but that no agreement had been reached on a restructuring plan for the group's German operations. \n\n\n  Negotiators have been in discussions for weeks, trying to reach an agreement on how to proceed with cost cuts that would help Volkswagen restore its competitiveness. \n\n\n \n\n\n  Write to Sarah Sloat at sarah.sloat@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  December 20, 2024 09:32 ET (14:32 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492844119"}