Volkswagen AG Unsponsored ADR (VWAGY)
We already feel like an American company, Volkswagen CFO says
Volkswagen's Chief Financial Officer Arno Antlitz says it's too early to say how the company will be impacted by new U.S. tariffs.
'Decent results' in 2024 despite profit drop: Volkswagen CFO
Volkswagen's Chief Financial Officer Arno Antlitz discusses the German autos giant's 2024 full-year results.
Volkswagen AG (VWAGY) Q4 2024 Earnings Call Transcript
Volkswagen AG (OTCPK:VWAGY) Q4 2024 Earnings Conference Call March 11, 2025 6:15 AM ET Company Participants Rolf Woller - Head of Group Treasury and Investor Relations Oliver Blume - Chief Executive Officer Arno Antlitz - Chief Financial Officer and Chief Operating Officer Conference Call Participants Tim Rokossa - Deutsche Bank Michael Tyndall - HSBC George Galliers - Goldman Sachs Patrick Hummel - UBS Stuart Pearson - BNP Stephen Reitman - Bernstein Henning Cosman - Barclays Jose Asumendi - J.P. Morgan Daniel Schwarz - Stifel Nicolaus Horst Schneider - Bank of America Operator The conference is now being recorded.
VW shares up 2.5% after dour but not disastrous assessment of prospects
Volkswagen shares rose 2.5% in early Frankfurt trading as investors decided 'it could have been worse' as they gave their verdict on results and the carmaker's assessment of prospects. The latter first: VW expects only a slight improvement in its 2025 operating profit margin, forecasting a range of 5.5% to 6.5%, compared with 5.9% in 2024.
Volkswagen Expects 2025 Revenue to Rise Despite Challenging Year
The company anticipates revenue growth of up to 5% as it continues to focus on cutting costs and implementing profitability measures.
Volkswagen posts 15% fall in annual profit amid restructuring, expects revenue to rise in 2025
The carmaking giant said it expects to see revenue growth in 2025.
Volkswagen gives muted outlook for 2025 amid trade tensions, new competitors
Volkswagen on Tuesday said it expects an operating margin of 5.5-6.5% in 2025, from 5.9% in 2024, joining rivals in giving a muted outlook for the year ahead as the sector battles weak demand, high costs and simmering trade tensions.
VW says new entry-level electric car to be built in Portugal
Volkswagen will build its 20,000-euro ($21,636.00) electric car launching in Europe in 2027 at its plant in Palmela, Portugal, its brand chief said on Monday.
Volkswagen and Stellantis evade Trump's 25% tariffs, while BMW braces for impact
Last week, it was announced that President Donald Trump's new 25% tariffs on Mexico and Canada would exempt vehicles that comply with the USCMA trade deal. German carmaking giant Volkswagen told CNBC that its operations meant it would be exempt from the levies.
Volkswagen's Traton sees tepid truck market in 2025
Volkswagen's truck unit Traton guided for a tepid commercial vehicle market in 2025 on Monday after persistent weakness in Europe, particularly in Germany, weighed on last year's results.
Porsche SE expects $21.7 bln loss after tax on Volkswagen stake impairment
Porsche SE , Volkswagen's largest shareholder, expects a 2024 loss after tax of around 20 billion euros ($21.7 billion), it said on Friday, citing previously disclosed impairments on its holding in Europe's top carmaker.
Volkswagen to recall over 177,000 SUVs over loose engine cover, NHTSA says
Volkswagen will recall 177,493 crossover SUVs in the United States over concerns related to a loose engine cover, the National Highway Traffic Safety Administration said on Friday.
