The German union IG Metall said Friday it had reached a deal with Volkswagen to avoid involuntary redundancies and plant closures at the carmaker's production sites in Germany until 2030.

Volkswagen would consider producing Porsche & Audi models in the U.S., depending on the existence and strength of U.S.

Mass lay-offs had also been on the table. A View of the Volkswagen Osnabrueck GmbH plant. Marathon talks between Volkswagen and labour representatives about cost-cuttings measures at the carmaker ...