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.
The rest is here:
Cost-cutting deal with unions key to VW’s recovery