On December 4th local time, Volkswagen CEO Herbert Diess and union leader Carvalho, along with worker representatives, held talks at Volkswagen's headquarters in Wolfsburg, Germany, to discuss how to resolve the differences between labor and management on plant closures and layoffs. German Labor Minister Heil was also invited to participate in the talks, which were simultaneously broadcast to nearly 0.02 million workers. Diess emphasized in the talks that Volkswagen is currently facing a dual crisis of market shrinkage and increased competition, with labor costs being a huge burden, requiring decisive measures to ensure Volkswagen's future. Diess's speech was interrupted multiple times by workers with boos. Union leader Carvalho believes that Volkswagen needs sacrifices from management, shareholders, and workers to overcome the current difficulties, and the union is willing to accept reasonable compromises. On the 9th of this month, the Volkswagen management and the union will hold the fourth round of negotiations. Earlier on the 2nd of this month, approximately 0.1 million people went on strike at 9 Volkswagen factories across Germany. (CCTV News)