German FAZ: Hot Autumn 007379

For the Volkswagen Group, the difficulties are currently escalating in many areas. The Wolfsburg-based company managed to do better in the first half of the year than stock market experts had expected. However, the euphoria on the stock market is limited, and rightly so. The crisis-plagued parent brand VW is still a long way from the 6.5 percent return it should achieve in 2026. At the same time, competition is intensifying as a critical collective bargaining round approaches in Wolfsburg. In October, the works council and management want to start negotiations for a new company tariff. As is the case across the board, the union is demanding a wage increase of 7 percent.
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