Automotive industry: VW Supervisory Board chief invites parties to dispute to talks – employees consider lawsuit
The management team around VW CEO Blume and the state of Lower Saxony have not yet reached an agreement. Now Hans Dieter Pötsch is making another attempt. If he fails, a historic escalation threatens.
Volkswagen's board is determined to push through its contentious austerity package, if necessary via an extraordinary general meeting. The company's employees are preparing for a potential lawsuit, planning to take the issue as far as the Federal Court of Justice and even to European courts. Recent official talks between the board, the state of Lower Saxony, and employee representatives have failed to yield a compromise.
A last-ditch meeting has been scheduled for Wednesday evening, led by supervisory board chairman Hans Dieter Pötsch, in an attempt to reach an agreement before a supervisory board meeting on Friday.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
