Bernd Osterloh

VW identifies half of planned 5 billion euros in cuts

March 12, 2015 11:50 CET

VW Group has identified cost cuts worth about half of the planned 5 billion euro ($5.29 billion) target at its core passenger-car brand. VW could discontinue its three-door Polo as part of the savings program, CEO Martin Winterkorn said, a move that would save millions....
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VW angers German union with 2% pay raise offer

Feb. 12, 2015 18:28 CET

Volkswagen offered to raise wages for workers at its German factories by 2.2 percent, drawing harsh criticism from the IG Metall union, which is pushing a 5.5 percent demand....
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VW could beat 5 million euro savings goal, exec says

Jan. 29, 2015 16:09 CET

VW Group ought to be able to cut costs at its passenger-car brand by "substantially more" than the 5 billion euros ($5.7 billion) planned by the carmaker's top management, VW works council chief Bernd Osterloh said....
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VW will give more power to brands, regions

Dec. 4, 2014 09:21 CET

VW Group will give more power to brand managers and regional bosses, its labor leader said, as the company looks to address poor performance in markets such as the U.S. and Brazil....
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VW suffers production woes adjusting to MQB platform, report says

July 29, 2014 16:38 CET

Volkswagen's move to add extra German production shifts for the Golf, which the company has attributed to strong demand, is also due to problems adjusting to its new MQB platform, company sources said....
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