IG Metall
Coverage of IG Metall in the Nexus archive.
- Volkswagen sales plunge as German automaker lays out plan to slash number of brands
Volkswagen reported an 8.6% decline in group sales in Q2 2026, with a significant drop in China. The company announced plans to reduce its model lineup by nearly half as part of a 'fundamental realignment' to improve competitiveness, citing challenges like geopolitical tensions, tariffs, and stiff competition, particularly from Chinese electric vehicle manufacturers.
- VW faces protests in Germany over proposed job cuts and factory closures
Volkswagen faces protests in Germany over a proposed plan to cut up to 100,000 jobs and close factories. The union IG Metall organized demonstrations at 18 sites, including the company's headquarters, criticizing CEO Oliver Blume for shifting blame to workers for past failures.
- Under-fire German ruling coalition unveils reform package to boost economy
Germany’s ruling coalition announced tax, labor, and pension reforms to revitalize the economy and counter the far-right AfD’s rising influence. The package includes tax cuts for families, higher taxes on high earners, pension age increases, and reduced corporate reporting obligations, while facing criticism from trade unions over labor reforms.