Volkswagen’s CEO and union leaders clash over deeper cost cuts

On the Dash: VW CEO, Oliver Blume pushes for deeper cuts as VW’s cost gap with European rivals remains unresolved Labor and Lower Saxony hold board majority, setting up a contentious September 4 vote Emden, Zwickau, Hanover and Neckarsulm still lack confirmed production plans beyond 2030 Volkswagen CEO Oliver Blume pushed for deeper cost cuts at two of the company’s most vulnerable German plants Wednesday. Labor leaders rejected layoffs and plant closures ahead of a September 4 supervisory board meeting on Volkswagen’s largest restructuring ever. Blume toured electric vehicle plants in Emden and Zwickau. He told workers that recent savings still don’t close the cost gap with Volkswagen’s European competitors.…

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