What is the main topic?

The main topic is Volkswagen's negotiation with unions to keep German car plants open until 2030.

What changes are proposed in the deal?

The deal includes keeping plants open and job security in exchange for workers foregoing bonus payments.

Where might production be moved?

Production of the Golf hatchback may move from Germany to Mexico.

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Home > Finance > Volkswagen nears deal with unions to keep car plants open, Bloomberg says

Finance

Volkswagen nears deal with unions to keep car plants open, Bloomberg says

Published by Global Banking & Finance Review®

Posted on December 19, 2024

1 min read

Last updated: January 27, 2026

Declining UK car manufacturing output in November 2023 - Global Banking & Finance Review — This image illustrates the decline in UK car manufacturing, which hit a 44-year low in November 2023. The data reveals a significant drop in production amid industry shifts towards zero-emission vehicles.

Volkswagen nears deal with unions to keep car plants open, Bloomberg says

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Volkswagen and Unions Near Deal to Keep German Plants Open

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