Volkswagen AG Unsponsored ADR (VWAGY)
Volkswagen's Audi to cut 7,500 jobs in administration, development by 2029
Volkswagen's Audi will cut up to 7,500 jobs in Germany by 2029 in areas like administration and development, the premium carmaker said on Monday, the latest German auto industry player to reduce costs.
Moody's downgrades Volkswagen on sector headwinds, competition in China
Global ratings agency Moody's on Monday downgraded Volkswagen VOWG_p.DE by one notch to Baa1 from A3, citing sector headwinds, structural challenges, ongoing need for investment and fierce competition in China.
Volkswagen, FAW venture to launch 11 new models tailored for China from 2026
The joint venture of Volkswagen and FAW Group (SASACJ.UL) said on Monday it will launch 11 new Volkswagen and Jetta branded models tailored for the China market from 2026.
Porsche SE says it is not considering sale of Volkswagen shares
Porsche SE , Volkswagen's biggest shareholder, is not considering selling voting shares in Europe's largest carmaker, the holding firm said on Sunday following a newspaper report that it was weighing such a move.
UAW union files unfair labor practice charges against Volkswagen
The United Auto Workers union said Thursday it filed unfair labor practice charges against Volkswagen, saying the automaker is trying to cut jobs at a factory in Tennessee where the union is negotiating its first contract after winning an election there last year.
Volkswagen: Positive Quarter And Too Much Value Is Still Ignored
Q4 results were positive with an operating profit margin of 7%. There are MACRO-to-MICRO developments that will support Volkswagen share price recovery. We believe the company is currently priced as if it will be disrupted in the near term by Chinese peers and Tesla.
Volkswagen's volume brands operating result down 4.3% amid cost-cutting drive
Volkswagen's core brands, including VW Passenger Cars, Skoda, SEAT/CUPRA and Commercial Vehicles, reported a 4.3% drop in their operating results on Thursday as the carmaker undergoes a restructuring to cut costs.
VWAGY Q4 & 2024 Earnings: Drop in Profits, EV Growth & Tariff Scare
Volkswagen's Q4 profit drops amid rising costs. The 2025 outlook indicates growth despite tariffs, competition and regulatory challenges.
Porsche CEO says Volkswagen ties 'should play a role' amid U.S. tariff threat
Porsche's industrial cooperation agreement with Volkswagen "should play a role" as the German automakers brace for a potential trade war between the U.S. and Europe, Oliver Blume — chief executive of both Porsche and Volkswagen Group — told CNBC on Wednesday. Volkswagen faces its own challenge from U.S. tariffs, but unlike Porsche has a major assembly plant within the country.
Volkswagen: Reiterating My 'Hold' Despite The Dividend
Volkswagen's Q4 FY2024 results showed stronger-than-expected earnings, but significant challenges remain, particularly in the Chinese market with a 10% YoY decline in deliveries. Despite a 1% YoY revenue increase, Volkswagen's EBIT declined by 15% YoY, and profit after tax dropped by 31% YoY due to lower equity results from Chinese joint ventures. The stock is trading at a historically low EV/EBITDA multiple, indicating undervaluation, but risks from competitive pressures and weak demand in Europe persist.
Auto manufacturers struggling to make money on lower-end cars: Analyst
Tim Urquhart, principal automotive analyst at S&P Global Mobility, discusses Volkswagen's fourth-quarter results and the outlook for the automotive industry in the face of geopolitical tensions.
Volkswagen to lay off 1,600 staff at Cariad software unit, Handelsblatt reports
Volkswagen plans to lay off 1,600 staff at its Cariad software unit by the end of the year, the Handelsblatt business daily reported on Tuesday, citing company sources.
