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Volkswagen wins worker backing for restructuring with $1.1 billion battery plan

Reuters Tuesday, 14 May 2019 ()
Volkswagen workers backed a restructuring of the world's largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros ($1.1 billion) on a new battery cell production plant near its headquarters in Lower Saxony.
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News video: VW wins worker backing for restructuring with $1.1 bln battery plan

VW wins worker backing for restructuring with $1.1 bln battery plan 01:34

Volkswagen workers backed a restructuring of the world's largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros ($1.1 billion) on a new battery cell production plant near its headquarters in Lower Saxony. David Pollard reports.

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