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VW's labour boss aims to foster, not sell, non-core assets

Reuters  |  WOLFSBURG, Germany 

By Andreas Cremer and Jan SchwartzWOLFSBURG, Germany (Reuters) - Volkswagen's powerful works council will continue to block potential sales of the carmaker's non-core industrial assets and instead seek steps with the new chief executive to advance the units, its top labour leader said in an interview.Under former chief executive Matthias Mueller, attempts to slim down Europe's largest automotive group - which also includes the MAN Diesel & Turbo engineering business and transmissions maker Renk - foundered amid resistance from labour leaders and the controlling Porsche and Piech families. ...

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First Published: Fri, June 08 2018. 13:06 IST