Cost-cutting deal with unions key to VW’s recovery

By Andreas Cremer BERLIN (Reuters) – Volkswagen's ability to agree a big cost-cutting plan with its powerful labor unions in the coming weeks could determine whether the German carmaker's shares make a full recovery from its emissions scandal. A year after it admitted using illegal software to rig diesel emissions tests, Volkswagen (VW) has still to publish the results of an investigation into who was responsible.

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Cost-cutting deal with unions key to VW’s recovery