VW unions balk at payoff

Former Volkswagen chief executive Martin Winterkorn might not get the final payout he anticipated amid opposition from labour union leaders. 

He had been among Germany’s highest-paid executives before stepping down last week.

Interim chairman Berthold Huber, an official with the IG Metall union, and other worker representatives are against granting Mr Winterkorn a big payout, said people familiar with the matter, who asked not to be identified because the discussions are private.