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News zu #Automotive industry

The plant in the company's home city of Hanover is to remain a central location in Contitech's overall operating strategy. (Archive image) / Photo: Ole Spata/dpa

Plant closures planned at Contitech

The automotive industry is in crisis. This is also making itself felt at supplier Continental and its plastics technology division Contitech. Hundreds of jobs are now on the line.

The tough wage negotiations dragged on well into the night in some cases / Photo: Friso Gentsch/dpa

What VW and IG Metall have agreed on

Job cuts yes, plant closures no: Volkswagen and the IG Metall trade union spent more than 70 hours arguing about the car manufacturer's cost-cutting measures. In the end, at least a compromise has been reached.

VW crisis: IG Metall firmly rejects cuts to job security in Saxony. (Archive photo) / Photo: Hendrik Schmidt/dpa

IG Metall insists on job security at VW Saxony

In the dispute over possible redundancies and plant closures at Volkswagen, the trade union is pressing for the job agreements for the sites in Saxony to be retained. However, these are being put to the test.

The VW plant in Mosel near Zwickau in Saxony. (Archive photo) / Photo: Hendrik Schmidt/dpa

Kretschmer: Saxony worried about Volkswagen

In the dispute over new cost-cutting plans, the VW Group cancels the job guarantee that has been in place since 1994. Problems are also seen in Saxony, but the Minister President finds the state "quite well positioned".