VW CEO Oliver Blume expects significant concessions from unions in crunch talks

VW Blume annual media conf 13.02.2024 BB arc_0.jpg — VW Group CEO Oliver Blume: "Costs at Volkswagen are too high compared to international competition." (BLOOMBERG)

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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