Volkswagen, unions likely to strike deal in small hours or break off till next year, source says
Volkswagen and German unions are in crucial talks to avert escalating strikes. Negotiations, aiming for a cost-cutting deal before Christmas, might extend into Wednesday or adjourn until the new year. Key disagreements include potential plant closures, fiercely opposed by the union. Failed talks could trigger larger strikes in January, following recent warning strikes by 100,000 workers.