HANOVER, Germany (Reuters) – Talks in between Volkswagen and work unions over plant closures and pay cuts are anticipated to last well right into Thursday as both sides have actually still not gotten to an offer, according to 2 individuals knowledgeable about the issue.
Talks have actually proceeded given that Monday in the hope of getting to a contract prior to Christmas to avoid enormous strikes that the IG Metall union has actually cautioned might begin as quickly as following year.
Talks might still crumble, individuals stated.
Volkswagen decreased to comment.
IG Metall was not quickly readily available for remark.
(Reporting by Christina Amann; Writing by Maria Martinez; Editing by Christoph Steitz and Shri Navaratnam)