VW slashes profit outlook as German auto workers stage nationwide protests

Bloomberg · 3 hours ago
VW slashes profit outlook as German auto workers stage nationwide protests
  • Volkswagen slashed its profit outlook late Friday, the catalyst for a fresh wave of labor unrest across the German auto industry.
  • Tens of thousands of workers across Germany plan to stage protests on Monday, seeking protection for jobs and factories.
  • Employees at Volkswagen, Mercedes-Benz, BMW, Audi, Porsche and major suppliers will take part in demonstrations at more than 280 events nationwide.

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Employees at Volkswagen, which slashed its profit outlook late Friday, as well as Mercedes-Benz, BMW, Audi, Porsche and major suppliers, will take part in demonstrations at more than 280 events nationwide.Elisabeth Behrmann
Tens of thousands of workers across Germany plan to stage protests on Monday, seeking protection for jobs and factories.Elisabeth Behrmann

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