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VW gives job pledges to German workers

Article Abstract:

Volkswagen AG will guarantee jobs until 2011 for over 100,000 workers in exchange for a freeze on wages until 2007 and other concessions in labor negotiations with labor union IG Metall in Germany.

Author: Power, Stephen, Reitter, Chris
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2004
Personnel administration, Labor relations

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Porsche's 'solution' for VW surprises investors

Article Abstract:

Porsche AG is to increase it's stake to 20 percent in Volkswagen AG from less than five percent. The investment is "friendly" and is valued at approximately 3 billion Euros or $3.6 billion.

Author: Power, Stephen, Esterl, Mike
Publisher: Dow Jones Publishing Co. (Europe)
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2005
Company investment, Investments, Porsche AG

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Subjects list: Germany, Finance, Automobile industry, Volkswagen AG, Company financing
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