
AI-generated summary
Volkswagen is under high cost pressure and is aiming for comprehensive cost-cutting measures.
In the struggle for stricter austerity measures, Volkswagen has terminated a number of collective agreements. From the company's perspective, various regulations in these contracts need to be adjusted in view of the current cost pressure, the car manufacturer announced in Hanover.
According to IG Metall, there are ten collective agreements, including the important collective agreement.

Volkswagen has terminated ten collective agreements, including the general collective agreement, as of December 31, 2026. The company justifies this step with the high competitive pressure from Chinese manufacturers and the need to adjust cost structures.
Before the fuel discount starts on Thursday, gasoline and diesel prices in Germany are already falling. While the business association en2x promises that the tax cut will be passed on in full, the ADAC expresses skepticism about possible deadweight effects.

Before the fuel discount came into effect on Thursday, fuel prices in Germany had already fallen. While the trade association en2x promises full transfer, the ADAC is skeptical about the price advantages for drivers.

Volkswagen has terminated several collective agreements in order to reduce costs. IG Metall announced resistance because the peace obligation ends on January 1st. The group points to the high competitive pressure in China and Europe as well as the threat of US tariffs.

Volkswagen plans to terminate ten company collective agreements, including the collective agreement for around 100,000 employees in Germany. IG Metall and the works council announce massive resistance to the austerity measures.

The VW software subsidiary Cariad plans to cut around 1,000 more jobs, which corresponds to around a quarter of the workforce. The background is cost-cutting measures and a strategic realignment following the partnership with Rivian.