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VOLKSWAGEN LABOR RELATIONS
Volkswagen plans to freeze salaries until 2030, works council saysVolkswagen is reportedly planning to freeze salaries for its 660,000 employees worldwide until 2030 as part of a broader cost-cutting drive...- Bankruptcy boom: Businesses going broke in Europe's biggest economyGermany faces a widespread corporate insolvency crisis impacting numerous sectors. High energy costs and industrial decline are major contr...
- Porsche mulls cutting electric sports cars to rein in budgetPorsche AG may halt its electric sports car plans. Development delays and rising expenses are key concerns.
- UAW union says it wins vote at Ford JV battery plant in KentuckyThe United Auto Workers secured a victory at a Ford joint venture plant in Kentucky. The vote allows the union to represent workers at the ...
- US stock market today: Futures fluctuate amid big tech earnings and Trump's tariff policies; S&P 500, Dow Jones, Nasdaq updates, and Magnificent Seven stock performanceUS stock market today is swinging between gains and losses as investors react to Big Tech earnings and Trump’s latest tariff news. The S&P ...
- Tariffs are bad for EVs, but some models may have a leg upPresident Trump's proposed tariffs on imported auto parts could significantly impact the electric vehicle market. While potentially benefit...
- Volkswagen, unions likely to strike deal in small hours or break off till next year, source saysVolkswagen and German unions are in crucial talks to avert escalating strikes. Negotiations, aiming for a cost-cutting deal before Christma...
- US lawmakers call to add China's CATL, Gotion to import ban list, WSJ reportsRepublican lawmakers are urging the addition of Chinese battery companies CATL and Gotion High Tech to an import ban list, alleging their s...
- What happened when a German car factory went all electricZwickau, Germany, adapting to the electric vehicle revolution with Volkswagen's factory conversion, navigating through challenges while fac...
- MNCs in China rethink their Xinjiang connectThe Chinese government has strongly opposed any move by multinational corporations to distance themselves from commercial activity in Xinji...
- US imports of auto parts face scrutiny under law on Chinese forced labourUntil now, enforcement of a year-old U.S. law that bans the import of goods made in Xinjiang, China, has focused mainly on solar panels, to...
- As US tries to isolate China, German companies move closerThe Biden administration is working to make the US more competitive with China by expanding its infrastructure and manufacturing over negot...
- Globalization's cheerleaders grasp for new buzzwords at DavosWorry over signs of this breaking down were palpable at this week's reboot of the WEF, an annual gathering of the world's well-heeled, most...
- Chip-starved firms are scavenging Silicon from washing machinesAutomakers have yet to overcome a semiconductor crunch that has challenged their operations for over a year.
- Supply chain snarls may be here to stay, tooChina watchers can no longer just plan for short-term disruptions over defined periods in their forecasts when an outbreak occurs.
- Activists call on Tesla to close new Xinjiang showroomThe appeals add to pressure on foreign companies to take positions on Xinjiang, Tibet, Taiwan and other politically charged issues. The rul...
- Amazon's win in union fight shows harsh realities facing labor movementA vote by workers on whether to unionize failed on Friday by a more than 2-to-1 margin in a major win for the world's largest online retail...
- Hyundai bought chips when rivals didn't; its assembly lines are still rollingOther than Japan's Toyota Motor, which said this month it had enough chip inventory to last it about four months, Hyundai and its sister fi...
- China trains chefs, builds ski slopes to cushion slowing growthIn Hebei province govt is proposing giving workers 2.5-day weekends so they have more time to spend.
- Geely mulling Shanghai for Volvo plant: OfficialZhejiang Geely Holding Co. may locate the China headquarters and factory for Volvo Cars in Shanghai once its takeover of the Swedish compan...
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