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HANOVER, Germany (AP) - Volkswagen AG, Europe's biggest automaker, said Friday it was open to labor union demands for job guarantees if employees agree to work longer for the same pay.
Volkswagen is seeking drastic cuts in production costs for its VW-brand vehicles such as its flagship Golf, which are selling strongly but bringing in little profit.
In return, the IG Metall union wants the Wolfsburg-based company to guarantee production levels at the six factories in western Germany that make VW cars — protecting jobs and ensuring that the poorly utilized plants stay open.
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