VW works council says still faraway from price-cut deal with control

BERLIN Volkswagen's (VOWG_p.DE) hard work leaders stated they were nonetheless pretty a chunk far from an agreement with management on fee cuts and method for the principle automobiles department.

"A crumble of the future % remains feasible due to the fact we're still lacking critical commitments from the enterprise," leaders of Volkswagen's (VW) works council said in a letter allotted to German body of workers on Thursday.

hard work bosses at Europe's largest carmaker need control to comply with constant goals and quotas for merchandise, output and funding as the 2 facets struggle over a turnaround plan for the core VW brand.

Talks between exertions and management over the so-referred to as future % will resume in a while Thursday, after leaders have briefed workers at a group of workers accumulating in Wolfsburg.