BERLIN -- Germany’s IG Metall is demanding an 8 percent wage hike for Volkswagen Group workers amid spiking inflation, the union said.
"Inflation is destroying wealth, hitting incomes and putting many households in economic difficulties," IG Metall negotiator Thorsten Groeger said on Wednesday, adding that inflation was a "brutal reality."
The IG Metall chapter for the German states of Lower Saxony and Saxony-Anhalt is set to negotiate the wages of around 125,000 workers at six German VW plants as well as at subsidiaries including Financial Services.