No Shift to the Right: IG Metall Wins Election at VW Zwickau

marketscreener
2026.03.13 20:10
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The recent works council elections at Volkswagen's Zwickau plant saw IG Metall secure over 81% of the votes, despite a decrease from last year's nearly 89%. The right-leaning "Bündnis freie Betriebsräte" received 11.5%, while "Die Andere Liste" garnered over 7.3%. IG Metall's Thomas Knabel expressed confidence in representing employee interests amid job cuts and uncertainty in the automotive sector, with 35,000 jobs to be cut nationwide by 2030. The election results indicate strong support for IG Metall as it prepares for future challenges in the automotive region.