German Workers Protest After VW Slashes Profit Outlook

By Bloomberg Television

Community Score: 50% | 1.2K views | 3w

0 community ratings: null thumbs up, null thumbs down

Tens of thousands of workers across Germany plan to stage protests on Monday, seeking protection for jobs and factories. Employees at Volkswagen, which slashed its profit outlook late Friday, as well as Mercedes-Benz, BMW, Audi, Porsche and major suppliers, will take part in demonstrations at more than 280 events nationwide. Bloomberg's Elisabeth Behrmann reports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness

Tags: Anna Edwards, BMW AG, Carmakers, Elisabeth Behrmann, Europe, Factories, Germany, Guy Johnson, Manufacturing, Mercedes-Benz Bank AG, Porsche Automobil Holding SE, Tom Mackenzie, Volkswagen AG, automakers, autos, cars, german carmakers, strike, workers

More from Bloomberg Television

  • Americans Crave Low-Cost Chinese EVs — Score: 50%
  • Bloomberg This Weekend | Shots Fired at WHCD — Score: 50%
  • Rep. Beyer: "We Are More Divided Than We've Ever Been" — Score: 50%
  • Rep. McCaul on How to Combat Political Violence — Score: 50%
  • Sen. Tillis Expected to Clear Way for Kevin Warsh as Fed Chair — Score: 50%
  • King Charles' Security Under Review ahead of DC Visit — Score: 50%