News
Skoda Union Rejects Wage Freeze Plan
The union of employees at the Czech company Skoda Auto, which operates within the German automobile concern Volkswagen, has rejected a proposal to freeze salaries until 2030, as well as the possibility of abolishing bonuses, Reuters reports.
The president of the OS KOVO union, Jaroslav Povšik, said at a meeting with union members that employees would not accept a salary freeze or the abolition of bonuses, Reuters reported.
Volkswagen plans to freeze salaries for around 660,000 employees worldwide until 2030, the group’s works council said earlier this week, confirming previous media reports about cost-cutting plans.


-
News1 week agoFerrari Luce Sells Out For 2027 As Demand For $560,800 Electric Car Set To Grow
-
News6 days agoHyundai Recalls 38,000 Kona Electric And Veloster N Vehicles
-
News7 days agoToyota Showcases Tundra, Tacoma, 4Runner, Prado And Sequoia With Tank Tracks At SEMA 2026
-
News6 days agoFerrari Now Worth More Than Renault, Volkswagen And Stellantis Combined
-
News1 week agoTesla May Soon Begin Accepting Orders For Its Humanoid Robot
-
News1 week agoFerrari Reports €1.9bn Q3 Revenue, Ships 3,368 Cars As Purosangue, 296 Speciale And Amalfi Deliveries Increase
-
News7 days agoBYD’s Yangwang U9 Xtreme Smashes 500km/h Barrier, Sets New 503km/h Production Car Record
-
News1 week agoBYD’s $3 Million, 3,000-HP Yangwang U9 Xtreme Crashes During High-Speed Test In China
