Volkswagen sends final offer to UAW in ongoing negoiations

CHATTANOOGA, Tenn. (WDEF)- Volkswagen has issued its final contract offer to the UAW.

They released the following statement on Wednesday:

“After nearly a year of ongoing negotiations with the United Auto Workers, Volkswagen has presented a final contract offer that reflects our deep commitment to our employees and the Chattanooga community. Our proposal includes a 20% wage increase, a first-ever cost-of-living allowance, a $4,000 ratification bonus, reduced health care costs, industry-leading paid time off, and additional holidays—alongside enhanced job security and other employee-requested improvements.

This offer is tailored to the needs of our workforce, our plant, and our community. It balances employee priorities with the economic challenges facing our industry, ensuring we can continue to invest and grow in Chattanooga. We urge the UAW to allow our employees the opportunity to vote on this important agreement.”

These negotiations have been ongoing since plant workers voted by nearly three to one margin to unionize the plant in April 2024.