In high-wage Germany, Volkswagen's labour costs outstrip the competition

  • Posted on November 20, 2024
  • By Business News Today
  • 1 Views
In high-wage Germany, Volkswagen's labour costs outstrip the competition

Volkswagen faces pressure to reduce labor costs in Germany as they exceed those of rivals like BMW and Mercedes-Benz. While unions demand a 7% pay rise, the company, grappling with high production costs and competition from cheaper Chinese models, proposes a 10% cut. Negotiations are set to begin as Volkswagen aims to improve its competitiveness.
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