Automakers

VW CEO Blume expects significant concessions from unions in crunch talks

VW CEO Oliver Blume
VW Group CEO Oliver Blume: "Costs at Volkswagen are too high compared to international competition." (BLOOMBERG)
R
By:
Reuters
September 23, 2024 06:16 PM

FRANKFURT -- Volkswagen Group CEO Oliver Blume expects labor unions to make proposals on how to cut costs and close a gap with competitors, two days before talks over plant closures and new wage deals.

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