Auto giant Volkswagen is no longer ruling out plant closures and compulsory redundancies in Germany as part of its cost-cutting programme at the core VW brand, the company announced on Monday. Management at VW said they would be cancelling a long-standing agreement with labour in Germany that ruled out compulsory redundancies through the end of 2029. The deal has been in place since 1994. The company said that executives believe the VW brand must be comprehensively restructured and current efforts to reduce the workforce through earlier retirement packages and voluntary severance payments won’…