Volkswagen will recall 114,478 vehicles in the United States on concerns over the driver-side airbag, the National Highway Traffic Safety Administration said on Thursday.
Workers at Volkswagen's Osnabrueck plant, considered a possible target for closure under the German automaker's restructuring plans, are holding fresh warning strikes on Wednesday as part of regional
Volkswagen's planned cost-cutting programme was unavoidable in order to remedy "decades of structural problems" at the German carmaker, CEO Oliver Blume said in an interview published on Sunday.
POAHY shares are not a vehicle for investing exclusively in Porsche; rather, they provide substantial exposure to VWAGY and other small but innovative ventures. Given the increase in net debt, a divid
Germany's cartel office has approved Porsche AG's acquisition of a non-controlling interest in Varta as well as a majority of shares and sole control of the battery maker's business unit for lithium-i
VW's new offshoot EV company Scout Motors, which revealed its first two vehicles last week, will use the software and zonal architecture being developed by the joint venture between Rivian and the Vol

Volkswagen calls for 10% pay cuts

01:40pm, Wednesday, 30'th Oct 2024
Volkswagen wants its workforce to take pay cuts of 10% in order to remain competitive and safeguard jobs, the company said in a statement on Thursday.

VW proposes 10% pay cut to tackle crisis

01:00pm, Wednesday, 30'th Oct 2024
Volkswagen has proposed to cut wages at its brand by 10% to tackle weak demand and high costs, the division's personnel chief Arne Meiswinkel told journalists after the second round of talks with unio
Volkswagen AG (OTCPK:VWAGY) Q3 2024 Earnings Conference Call October 30, 2024 4:00 AM ET Company Participants Pietro Zollino - Head of Corporate Communications & Deputy Head of Group Communications Ro

Volkswagen: Why The Decline(s) Do Not Bother Me

10:35am, Wednesday, 30'th Oct 2024
Volkswagen's current undervaluation presents a significant upside, with potential returns of over 20% annually, driven by improved KPIs and strategic adjustments. Despite challenges, VW's fundamentals
The German car maker reported a sharp 12% drop in its sales in China as it said it profits were hit by higher fixed costs and €2.2 billion worth of restructuring expenses
Volkswagen Group (XETRA:VOW) underlined the depth of its current crisis with a two-third drop in profits and a warning that it needs significant job cuts and closures to turn its fortunes around. Just

VW Profit Margin Shrinks to Lowest Since Pandemic

04:15am, Wednesday, 30'th Oct 2024
Volkswagen's operating margin shrank to the lowest since the Covid-19 pandemic forced the carmaker to idle production and shutter showrooms. Bloomberg's Oliver Crook reports.
Volkswagen on Wednesday said its third-quarter operating profit plunged 42% as weak performance in the core passenger car unit and high costs, including for model revamps, hit the automaker.
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.
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