Volkswagen to start IG Metall talks Nov 24, Audi plans US factory

Volkswagen terminated wage provisions covering over 100,000 German workers and plans to cut up to 100,000 jobs globally over four years. Collective bargaining starts November 24 in Emden, with a second round December 15 in Zwickau. Audi will invest $4 billion in a Georgia plant with 200,000-car annual capacity, targeting production in 2031.

• Volkswagen plans to cut up to 100,000 jobs worldwide over four years
• The company targets €20 billion in savings across its value chain by 2030
• Audi will invest $4 billion in a Georgia plant with 200,000-car capacity
• Production at the new Audi factory is targeted for 2031