Volkswagen workers in Germany will stage warning strikes over layoffs, wage cuts, and plant closures as talks with labour union IG Metall fail to reach a resolution.
Volkswagen workers across Germany will begin warning strikes on Monday, marking the first large-scale walkouts at the automaker's domestic plants since 2018, labour union IG Metall announced.
The strikes escalate a dispute over proposed mass layoffs, wage cuts, and potential plant closures, measures Volkswagen deems necessary in response to Chinese competition and weakening demand.
Following failed negotiations, IG Metall authorised limited strikes starting early December. "If required, this could become Volkswagen's toughest collective bargaining battle," said IG Metall negotiator Thorsten Groeger.
The union criticised Volkswagen's demands, including a 10% wage cut, and rejected plant closure threats, arguing for alternatives to save costs.
Volkswagen stated its commitment to dialogue, respecting employees' right to strike while taking steps to minimise disruptions. Talks are scheduled to resume on 9 December, with unions demanding a sustainable agreement to secure the future of all German plants.
In a stern warning to the automaker, the Indian government told a Mumbai court that quashing Volkswagen's demand to cancel a $1.4 billion tax bill would have "catastrophic consequences" and could encourage companies to withhold information and delay inquiries.
Volkswagen is set to recall 60,490 vehicles in the United States after the U.S. National Highway Traffic Safety Administration (NHTSA) identified a potential safety issue. The recall, which affects certain models, is due to a failure to display the gear position.
A lawyer for an Indian unit of German carmaker Volkswagen, said on Monday the country's $1.4 billion tax demand could become a matter of survival for its business in the country, as it continues to contest the order.
Volkswagen faces intensified strikes at German plants as workers protest wage cuts and closures amid union talks. With trust eroded, unions demand concessions, warning of longer strikes, while VW cites cost-cutting as essential to compete with cheaper Asian rivals.
The White House confirmed on Tuesday that President Donald Trump will impose a new wave of tariffs on Wednesday, escalating fears of a deepening global trade war. The announcement, set for 4 p.m. ET in the Rose Garden, marks the culmination of weeks of warnings and speculation.
Australian Prime Minister Anthony Albanese and opposition leader Peter Dutton have both pledged to defend the country’s national interests as the United States signals possible tariffs targeting Australian beef exports.
A senior Russian official is expected to arrive in Washington this week for direct talks with the Trump administration, a source familiar with the plan confirmed.
From Wednesday, European visitors to Britain will need to purchase an Electronic Travel Authorisation (ETA) before arriving, as the UK implements new pre-entry screening measures to tighten border controls.
U.S. Defense Secretary Pete Hegseth has ordered the deployment of additional warplanes to reinforce American naval assets in the Middle East, the Pentagon confirmed on Tuesday. The move follows a renewed bombing campaign in Yemen and rising friction with Iran.
Aid groups in Myanmar’s worst-hit areas urgently need shelter, food, and water after a devastating 7.7 magnitude earthquake killed over 2,700 people. Rescue efforts face challenges due to ongoing civil war, damaged infrastructure, and restricted aid access, with the toll expected to rise.
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
French far-right leader Marine Le Pen was banned from running for public office for five years after being convicted of embezzlement, ruling her out of the 2027 presidential race. She received a four-year prison sentence, with two years suspended, and a €100,000 fine. Le Pen plans to appeal.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The Armenian armed forces attempted three reconnaissance drone flights over Azerbaijan Army positions near Gerenzur, but all were successfully intercepted. Meanwhile, Armenian units repeatedly fired on Azerbaijani positions from multiple regions, escalating tensions in the area.
President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday.
Paul Marchant has resigned as CEO of Primark with immediate effect after admitting to an "error of judgment" in a social interaction last year. Parent company AB Foods expressed disappointment, citing the importance of integrity. Finance director Eoin Tonge will serve as interim CEO.
Apple marked its 49th anniversary by reaching a market capitalization of $3.3 trillion. Despite recent tech stock volatility, Apple's shares surged 28% in 2024.
The International Monetary Fund (IMF) Executive Board has completed the Seventh Review of the Extended Arrangement under the Extended Fund Facility (EFF) for Ukraine, enabling a disbursement of about $0.4 billion, which will be allocated for budget support.
Elon Musk’s xAI has acquired his social media platform X in a $33 billion all-stock deal.
The White House confirmed on Tuesday that President Donald Trump will impose a new wave of tariffs on Wednesday, escalating fears of a deepening global trade war. The announcement, set for 4 p.m. ET in the Rose Garden, marks the culmination of weeks of warnings and speculation.
Australian Prime Minister Anthony Albanese and opposition leader Peter Dutton have both pledged to defend the country’s national interests as the United States signals possible tariffs targeting Australian beef exports.
A senior Russian official is expected to arrive in Washington this week for direct talks with the Trump administration, a source familiar with the plan confirmed.
From Wednesday, European visitors to Britain will need to purchase an Electronic Travel Authorisation (ETA) before arriving, as the UK implements new pre-entry screening measures to tighten border controls.
U.S. Defense Secretary Pete Hegseth has ordered the deployment of additional warplanes to reinforce American naval assets in the Middle East, the Pentagon confirmed on Tuesday. The move follows a renewed bombing campaign in Yemen and rising friction with Iran.
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