Volkswagen, unions must find new solutions for German plants, company says
Published by Global Banking & Finance Review®
Posted on December 9, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 9, 2024
1 min readLast updated: January 27, 2026

Volkswagen's chief negotiator calls for new solutions for German plants after rejecting union proposals, citing cost and overcapacity issues.
WOLFSBURG, Germany (Reuters) - Volkswagen's chief negotiator Arne Meiswinkel said on Monday that unions and management needed to find alternative pathways to a solution for its German plants after the company rejected a proposal put forward by unions as unsustainable.
"We continue to need to reduce costs, reduce overcapacity," Meiswinkel said, speaking ahead of the fourth round of negotiations between the company and labour representatives.
(Reporting by Victoria Waldersee, editing by Thomas Seythal)
The main topic is Volkswagen's need to find new solutions for its German plants due to cost and overcapacity issues.
Volkswagen is facing challenges with cost reduction and overcapacity at its German plants.
Negotiations involve Volkswagen's management and labor unions.
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