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German top industrial union to demand 7% pay rise from Volkswagen

2024.06.21 09:15

(Reuters) – German top industrial union IG Metall will demand a 7% pay rise over a 12-month period from Volkswagen (ETR:) at wage negotiations in October, the union said in a statement on Friday.

© Reuters. FILE PHOTO: Volkswagen logo is illuminated on a production line for the Golf VIII and Tiguan cars at the VW headquarters in Wolfsburg, Germany May 23, 2024. REUTERS/Fabian Bimmer/File Photo

The talks concern a collective agreement for around 120,000 employees across six company sites in Lower Saxony and Saxony Anhalt states including Wolfsburg, where Volkswagen is headquartered, IG Metall added.

IG Metall earlier this week advised its members to also demand a 7% raise in a wider round of collective bargaining for the mechanical engineering sector that does not include VW, well above the current inflation rate.



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