> Volkswagen CEO says 'good deal' reached with German union / 36QY9XH
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Volkswagen CEO says 'good deal' reached with German union / 36QY9XH
Clip ID 2262361
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The CEO of Germany's crisis-hit auto giant Volkswagen, Thomas Schaefer, says that the union IG Metall and the car maker have reached a "good deal" after five days of negociations. The deal involves a multi-billion-euro savings plan that spells future job losses but averts immediate major plant closures. IMAGES AND SOUNDBITES