Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Open platform

German union vows furious response in VW labour dispute, strikes possible next year

By Reuters News13:10 (UTC), 30 September 2026 Updated

HANOVER, Sept 30 (Reuters) - Germany's top industrial union, IG Metall, vowed to escalate its dispute with Volkswagen at the turn of the year - when a strike truce expires - over the German carmaker's intensified cost-cutting drive, a union representative said on Wednesday.

"We are very disappointed," IG Metall's Thorsten Groeger said in Hanover, brandishing a letter that he said contained notice of the company's termination of various wage agreements.

Groeger said he held Volkswagen's management responsible for the tough dispute to come, with strikes possible from January 1.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.
The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.
To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.