VW and unions may reach a deal soon or they’ll adjourn until next year

After a 13-hour negotiation round on Monday that ended after midnight, the VW and union talks are expected to stretch even further into the early hours on Wednesday.

Volkswagen and German unions will most likely either reach a deal in the early hours of Wednesday or adjourn until the new year, a source familiar with discussions said on Tuesday, as the two sides strive to reach a cost-cutting pact before Christmas.