In high-wage Germany, VW’s labour costs outstrip the competition

On 20 November 2024 at 11:48 am, Volkswagen and unions are preparing for talks on wages and plant closures in Germany, with data showing the automaker spends more on labour costs than rivals. This poses a challenge for Volkswagen to stay competitive in Germany’s costly market, especially with cheaper Chinese models entering the scene. The company’s struggles reflect broader concerns about Germany’s industrial competitiveness as the country gears up for an upcoming election battle in February.

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