Search
AI-powered search, human-powered content.
scroll to top arrow or icon

{{ subpage.title }}

FILE PHOTO: A man wearing an IG Metall (Industrial Union of Metalworkers) scarf holds a banner with the Volkswagen logo, as workers gather to strike against planned cuts to wages and possible factory closures, in Hanover, Germany, December 2, 2024. Picture taken with long exposure.

REUTERS/Fabian Bimmer/File Photo

Hard Numbers: VW goes on strike, Guinean soccer violence turns deadly, Scholz pledges Ukraine aid, US breaks travel record

$19 billion: Tens of thousands of German Volkswagen workers launched strikes at multiple car plants on Monday, protesting €18 billion ($19 billion) in company budget cuts that resulted in three plant closures and pension cuts. Volkswagen is grappling with a 64% drop in third-quarter profits and declining market demand in China.

Read moreShow less

Subscribe to our free newsletter, GZERO Daily

Latest