FRANKFURT -- Volkswagen AG has not reached a breakthrough during the third round of wage talks with German metal workers union IG Metall, its top negotiator said Tuesday.
"We're systematically working through our seven-point (labor cost-cutting) program," Josef-Fidelis Senn said after the talks finished.
"One cannot talk of a breakthrough. Both sides are still very far away from each other in the details," he continued.
IG Metall had said it was willing to discuss cost cuts after VW signaled that it would be willing to cement job guarantees in a possible wage contract. Talks will resume Oct. 21.