Volkswagen
IG Metall retains majority in VW Wolfsburg works council
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In the Volkswagen works council election in Wolfsburg, IG Metall defended its top position despite losses. The list led by Daniela Cavallo received 74.8 percent of the votes, securing 52 of 67 seats. In Braunschweig, an AfD-affiliated organization entered the works council for the first time.
Volkswagen is considering a radical reduction of up to 100,000 jobs worldwide. This emerges from internal plans presented by CEO Oliver Blume to the board.
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Volkswagen's supervisory board will review on July 9 a plan to double job cuts to 100,000 positions and close four factories in Germany. Spanish plants remain unaffected due to investments in electric vehicles.
VW's works council is demanding a recognition premium for all tariff employees after the company revised its 2025 cash flow upward to six billion euros. Works council chair Daniela Cavallo justifies this with the workforce's joint cost discipline. The premium could be paid out in May 2026.
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The Renault Clio emerged as a leading seller in Europe for November, positioning it to claim the top spot for the fourth time this year. Tesla's Model Y also saw a strong recovery, re-entering the top 20 rankings after a dip in October. Other notables include the Volkswagen T-Roc in third place.