05:59 AM EDT, 10/22/2026 (MT Newswires) -- OS Kovo unions at Volkswagen's (VOW.F, VOW3.F) Skoda Auto in the Czech Republic are opposing the proposed salary freeze through 2030 by the German automaker. Reuters reported Thursday, citing a report by local newspaper Skodovacky odborar, that union Chief Jaroslav Povsik told members that a salary-freeze or zero-bonus policy will not be accepted. In an emailed response to MT Newswires, a Skoda Auto spokesperson declined to comment, noting that "the current collective agreement for 2026 remains valid until 31 March 2027." (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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