VW to to pay ?1,250 premium to workers despite its financial woes

NAMPA / DPA

2026-03-19

Braunschweig, Germany (dpa) - Even though it is facing an ongoing crisis, German automaker Volkswagen announced on Thursday that it approved a one-time payment of ?1,250 ($1,435) for workers covered by a collectively bargained contract. The board approved the payment from the profit-sharing scheme even though the company and employee representatives had originally agreed to forgo it. The one-time payout will be made in May, it said. "In a difficu......

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