Can a longer working week fix Volkswagen?
Volkswagen and unions face a showdown over restructuring plans and high labor costs in Germany. Analysts debate whether extending the 35 hour week can close the structural gap with lower cost rivals.
Xurve View
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Xurve View
VOLKSWAGEN AG faces rising pressure in Germany as politicians push to extend the standard 35-hour working week to 40 hours. The debate comes amid high domestic production costs and fierce competition from cheaper foreign car makers. Extending work hours may fail to resolve the core structural challenges facing European auto plants.
