For Europe’s largest car company, Volkswagen, it’s all about now. Many factories are underutilized, costs are too high and profits are too low for long-term survival. Negotiations on a new company tariff will begin in a few weeks, and it is already clear: a tough battle is ahead in the Wolfsburg group. Management wants to respond to the crisis with extensive savings, but employee representatives oppose this and threaten industrial action.
Go to Source