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Volkswagen calls for 'sustainable' financial relief in talks with unions



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FRANKFURT, Nov 21 (Reuters) -Volkswagen VOWG_p.DE on Thursday said it welcomed workers' willingness to consider a reduction in labour costs and capacities, adding that any wage deal between both sides must offer "sustainable financial relief".

Arne Meiswinkel, the VW brand's personnel chief who leads negotiations for the carmaker, said "the sustainable achievement of financial targets remains crucial in order to ensure competitiveness in an extremely challenging phase for the German automotive industry".

Both sides will continue negotiations on Dec. 9, while the IG Metall union said it will recommend strikes from Dec. 1 as it said the carmaker was still considering plant closures in its turnaround plan, something workers fiercely oppose.



Reporting by Christoph Steitz

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