German carmaker Volkswagen on Tuesday said its operating profit dropped by 20% in the first quarter of 2024 compared to the the same period a year earlier.
Volkswagen posted lower sales revenue and profit margins in the first quarter on fewer vehicle sales and higher costs, but backed its full-year outlook.
Europe's top automaker Volkswagen on Tuesday reported a 20% drop in first-quarter operating profit weighed by lower sales volumes and higher costs.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history.
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.
Continental accepted a fine of 100 million euros ($107 million) from a German prosecutor's office for its role in the Volkswagen emissions-cheating scandal of 2015.
United Auto Workers (UAW) President Shawn Fain is moving quickly in the union's sweeping organizing push at U.S. plants across more than a dozen automakers after clinching an historic victory at a Vol
Porsche AG's ability to close a hefty valuation discount to top rival Ferrari could hinge on whether its main owner, Volkswagen, is prepared to take a step back, giving the German sports car maker mor
GALLATIN, Tenn. — Tennessee Republican Gov. Bill Lee said Monday that he thinks workers at a Volkswagen plant in Chattanooga made “a mistake” by voting to unionize under the United Auto Workers
Volkswagen (VWAGY) workers at the automaker's Chattanooga, Tennessee plant voted in favor of joining the United Auto Workers (UAW) labor union. On Market Domination, Autoblog Editor-in-Chief Greg Migl
The historic vote could have wide-ranging impacts on other automakers, organized labor and the overall U.S. automotive industry.
Shawn Fain tells the Guardian he expects ‘more of the same to come' after celebrating union's historic victory at Tennessee plant

Could the Union Victory at VW Set Off a Wave?

09:22am, Saturday, 20'th Apr 2024
Some experts say the outcome at a plant in Chattanooga, Tenn., may be organized labor's most significant advance in decades.
The United Auto Workers has made history by winning its first unionization vote at an auto factory in the U.S. South. Now it needs to prove the success wasn't a fluke by pulling off a second victory a
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