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High costs, slowing China: VW's perilous road ahead
High costs, slowing China: VW's perilous road ahead
by  AFP

After Volkswagen's bombshell announcement earlier this month that it could close factories in Germany for the first time, company management and unions will begin tense talks on a new pay deal Wednesday. Production costs in Germany are "clearly too high", said a leaflet from VW's management distributed to the workforce at several sites in the country ahead of the talks.

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