16-11-2016 17:26 via uk.news.yahoo.com

Exclusive - VW seeks cost-cutting deal by Friday, devil is in the detail

By Andreas Cremer BERLIN (Reuters) - Volkswagen is pushing for a cost-cutting deal with workers at its core brand by Friday to help fund investment in electric and self-drive cars, but accounts of discussions in just one area show how difficult it is. The need for a turnaround plan at the VW brand has been amplified by the billions of costs it is facing for its diesel emissions scandal but union leaders do not want workers to carry the can for what they see as the mistakes of managers. The main
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