Archive for the ‘IG Metall’ Category

Big Changes Coming at VW, Says New CEO

Diess targeting “slimmed down company” and focus on new technologies.

by on Apr.13, 2018

VW's new CEO Herbert Diess wants to both cut costs and shift focus to new technologies.

Volkswagen Group is likely to be a very different company in the coming years, at least if new CEO Herbert Diess has his way, the new chief executive outlining some of the key changes he has in mind during a Friday media briefing that followed a management shake-up the day before.

The one-time BMW board member has been viewed as a change agent since joining VW in 2015, just months before a scheme to rig diesel emissions tests was revealed by the U.S. EPA. Diess has already trimmed what is often described as a bloated workforce, in the process slashing almost $5 billion in costs.

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He is expected to further attack costs at the German giant while also putting more emphasis on new technologies and services. And VW officials suggested they could move to trim assets, though they cautioned that a rumored spin off of their truck business isn’t in the cards – yet. (more…)

Mercedes Moving to Build New Plant in Germany

New plant comes as competitor expands in U.S.

by on Feb.21, 2018

Markus Schäfer, Mercedes board member, marks the groundbreaking of the company's new plant in Germany.

Mercedes-Benz Cars broke ground on a new factory on its home ground in Sindelfingen outside of Stuttgart that the automaker claims will be the most modern production center in the world when it opens in 2020.

“Our ‘Factory 56’ will define a new way of building cars. With its ‘Factory 56’, Mercedes-Benz Cars is creating the car plant of the future,” said Markus Schäfer, member of the Divisional Board of Mercedes-Benz Cars, Production and Supply Chain.

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“It combines three trend-setting features: It is consistently digital and flexible – and it brings the term ‘green production’ to life. As the inventor of the car, we are reinventing production.” (more…)

German Union Workers Accept New Contract

New deal includes 4.3% pay raise, shorter work week provision.

by on Feb.07, 2018

German workers secured a new contract with a 4.3% pay raise and new rules for a shorter work week.

Union members in Baden-Württemberg, one of the most prosperous regions of German and the home of companies such as Daimler AG, Porsche and Bosch, appear to have gained a major bargaining victory, gaining a 4.3% pay increase and a reduction of the average work week to allow more time off for family leave.

The deal between IG Metall and the Suedwestmetall employers’ federation, which represent the employers, including major carmakers, calls, for workers in Germany to get a 4.3% pay increase April starting April 1.

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The workers will also receive other payments spread over the following 27 months until 2020, IG Metall’s Roman Zitzelsberger told reporters at the conclusion of the talks. (more…)

German Union Digging in for Tough Auto Negotiations

IG Metall preparing for industrywide strike as part of talks.

by on Jan.31, 2018

German workers are being prepared to take a strike vote in talks with automakers.

German carmakers and suppliers are in a major battle with IG Metall, the powerful metalworkers union, which is demanding higher wages and shorter hours. The negotiations are turning into the biggest confrontation between labor and management in more than a decade.

So-called “warning strikes” – short-term walkouts lasting no more than 24 hours – have already hit Daimler AG and Porsche this week as well as major suppliers such as Bosch and ZF. In all, an estimated 260 metalworking firms have been targeted by IG Metall and more than 120,000 workers at Volkswagen AG are poised to go on strike for 24 hours, starting Thursday.

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The walkouts, which stretch across Germany’s industrial centers, follow a failed set of negotiations, where neither the employers nor the union could agree on a formula for a new wage agreement, observers in Germany noted. (more…)

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