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For membersThe first 30 seconds for everyone. Synthetic voice (AI).

In brief

  • Volkswagen management and IG Metall meet in Hannover on 23 October 2026 to check which parts of the December 2024 deal still stand.

  • Volkswagen terminated ten collective agreements at the end of September, with effect from 31 December 2026, while job security until 2030 is not among them.

  • The Zukunftsplan 2030 targets 50,000 job cuts worldwide, with half possibly in Germany, and an operating margin of nine euros per 100 euros of revenue by 2030.

  • Works council chair Daniela Cavallo described great unrest, and IG Metall's Thorsten Gröger said the union was disappointed and angry after the first session.

  • The futures of the Emden, Hannover and Zwickau plants and the Audi site in Neckarsulm beyond 2031 to 2034 remain open, according to the union's account of the plan.

WolfsburgHannoverEmdenZwickauNeckarsulm
Wolfsburg, Hannover, Emden, Zwickau · Germany
How it came to this
  1. 30 SeptFirst review meeting, where VW voices doubts about delivering 2024 investment pledges
  2. 23 OctSecond review meeting scheduled in Hannover
  3. 31 DecTen terminated collective agreements take effect in whole or in part

Second review session in Hannover

Volkswagen management and IG Metall are due to meet on Friday, 23 October 2026, in Hannover for a second review session on the 2024 future collective agreement (Zukunftstarifvertrag). This is not a bargaining round: either side can invoke the clause when it believes core conditions of the deal have changed, which obliges the other side to talk. The union invoked it in mid-September and demanded clarity on the supervisory board's new cost decisions. Management had asked for a session of its own, arguing that the savings agreed in 2024 no longer suffice. The meeting is meant to establish which commitments from the December 2024 deal still hold.

The first round and ten terminated agreements

The first session on 30 September 2026 was overshadowed by Volkswagen's termination of ten collective agreements. The terminations cover the pay and framework agreements as well as rules on grading, allowances and training, with effect from 31 December 2026. Job security until the end of 2030 is not among the cancelled agreements. According to the union, the company has since presented no concrete list of demands and has not answered open questions adequately. At that meeting VW reportedly voiced serious doubts about delivering the investments in new models and plants promised in 2024. Thorsten Gröger, the IG Metall district leader for Lower Saxony, said afterwards the union was disappointed and angry, and that it now expects answers to a list of questions.

Savings plan and management's case

The supervisory board agreed a Zukunftsplan 2030 in early September to make the group considerably more profitable, giving management a mandate to restructure and save billions. The target is for nine euros of operating profit to remain from every 100 euros of revenue by 2030, against 3.80 euros most recently. Management plans 50,000 job cuts worldwide on top of earlier programmes, and half of them could fall in Germany. The future of the Emden, Hannover and Zwickau plants and of the Audi site in Neckarsulm beyond 2031 to 2034 remains open. VW points to underused plants, weak car sales, relatively high production costs in Germany, US tariffs and growing competition from China.

Arne Meiswinkel, personnel board member of the core VW brand, rejected the union's accusations at the time.

“Volkswagen keeps to its agreements.”

Arne Meiswinkel

According to the company, the aim is to implement the measures agreed so far consistently and to use all remaining options for socially acceptable job cuts.

Volkswagen operating margin: latest and 2030 targeteuros per 100 euros of revenue
Latest reported3.8
2030 target9
Latest reported
3.8 euros per 100 euros of revenue
2030 target
9 euros per 100 euros of revenue

Data from the article text

Union demands and worker unrest

IG Metall wants the talks held at the affected plants rather than on the executive floor of the brand house in Wolfsburg, where Oliver Blume's management sits. Thorsten Gröger put it bluntly:

“Whoever gambles with the existence of tens of thousands of employees must also face the reaction of those workforces.”

Thorsten Gröger

Daniela Cavallo, chair of the group works council, described great unrest in the plants, with staff seeing the terminations after their 2024 concessions as an affront and a challenge. Under the 2024 deal, employees accepted cut bonuses and allowances, suspended pay rises and the agreed reduction of more than 35,000 German jobs by 2030, in return for no operational redundancies until the end of 2030. Ahead of the session IG Metall said:

“The board is steering Volkswagen with its eyes open into a hard confrontation.”

IG Metall

The German Trade Union Confederation (DGB) argued in a newsletter that pay, holiday days and other gains are not the cause of the crisis.

What comes next

The 23 October session is a review rather than bargaining. Formal tariff negotiations are expected to begin in a few weeks, when the dispute becomes concrete. Also on the table is a plan for VW staff worldwide to forgo pay rises for several years. IG Metall expects answers to its list of questions and wants union members to decide on any eventual result.

Next in today’s edition

Gunman kills one, wounds four near Paris; terror probe opensOn Friday, 23 October 2026, a man fired bursts from his car in Trappes and La Verrière, killing one person and wounding four, including a 12-year-old girl.Safety · 3 min ago
Today’s Brief · 5 min to listenRussia strikes Kyiv before accepting new Ukraine talksLive · 5 storiesStorm Austen sweeps northern France

Sources and context

  • Handelsblatt3 h agoVolkswagen: IG Metall issues ultimatum to VW and threatens industrial actionVolkswagen: IG Metall stellt VW Ultimatum und droht mit Arbeitskampf · original in German
  • tagesschau.de3 h agoStruggle over austerity measures at carmaker Volkswagen continuesRingen um Sparkurs bei Autobauer Volkswagen geht weiter · original in German
  • N-tv5 h agoCarmaker in distress: VW and IG Metall meet again for crisis summit in WolfsburgAutobauer in Not: VW und IG Metall treffen sich erneut zum Krisengipfel in Wolfsburg · original in German
  • Spiegel Online5 h agoVolkswagen in crisis: The next round of exploratory talks begins at VWVolkswagen in der Krise: Bei VW beginnt die nächste Runde der Sondierungen · original in German
Oliver Blume
Volkswagen CEO whose management is at the center of the savings plan talks
Daniela Cavallo
Chair of Volkswagen's group works council

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Published today at 10:23.

Report an error in the text

Text generated by AI from the reports of the publishers listed and checked automatically, with no human editor. How Pollar is made

In this text

  1. 1Second review session in HannoverSecond review session in Hannover
  2. 2The first round and ten terminated agreementsThe first round and ten terminated agreements
  3. 3Savings plan and management's caseSavings plan and management's case
  4. 4Union demands and worker unrestUnion demands and worker unrest
  5. 5What comes nextWhat comes next

Based on reports by

Handelsblatt, tagesschau.de, N-tv, Spiegel Online, Norddeutscher Rundfunk, Süddeutsche Zeitung

List of sources

Business · Wolfsburg, Hannover, and Emden

Volkswagen and IG Metall to hold second review talks in Hannover on 23 October

Volkswagen management and the IG Metall union are due to check on 23 October which commitments from the December 2024 deal still stand. The union wants the talks held at the affected plants, while VW cites weak sales, US tariffs and Chinese competition.

Wolfsburg
Hannover
Emden
Zwickau
Neckarsulm

Ask about this text

AI text based on reports by Handelsblatt, tagesschau.de, N-tv and other publishers. Published today at 10:23.

Ask your own question
What is the target operating margin for Volkswagen by 2030?
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How it is made