Volkswagen – Works Council Against Major Share Holder Porsche - Made in Germany, 30.04.2008

The VW Works Council has been opposing major shareholder Porsche's plans for months. It says the co-determination agreement discriminates against VW employees and amounts to a "hostile takeover". Now, at the VW AGM on the 24 April, Porsche wants to amend the VW company statutes to allow itself more influence. They also want the German state of Lower Saxony give up their 20 percent blocking minority, thereby further reducing the power of the VW Works Council. The employee representatives say they won't accept that and are planning to protest at the AGM. Patrick Benning reports from Wolfsburg. Our topic in co-operation with "Handelsblatt".