Volkswagen AG Unsponsored ADR (VWAGY)
VW Talks: Automaker Closes in on Labor Deal to Keep German Factories Open
Volkswagen and labor leaders are moving closer to an agreement to restructure the automaker's namesake brand without shuttering factories in Germany, according to people familiar with the matter. Bloomberg's Oliver Crook reports.
Volkswagen, unions still locked in talks over plant closures, pay cuts, sources say
Talks between Volkswagen and labour unions over plant closures and pay cuts are expected to last well into Thursday as both sides have still not reached a deal, according to two people familiar with the matter.
Volkswagen nears deal with unions to keep car plants open, Bloomberg says
Volkswagen and labour unions are nearing an agreement to restructure the brand without closing factories in Germany, Bloomberg reported on Thursday, citing people familiar with the matter.
Volkswagen takes 9.9% stake in lithium developer Patriot Battery Metals for C$69 mln
Patriot Battery Metals said on Wednesday automotive giant Volkswagen has invested approximately C$69 million ($48.18 million) for a 9.9% stake in the Canadian lithium developer.
Talks between VW, unions over cuts continue into Wednesday, sources say
Talks between Volkswagen and unions on cuts to its German operations continued through the night and into Wednesday, according to two sources familiar with negotiations, as the sides battle to reach a solution before Christmas.
VW, unions resume last-ditch round of talks for the year on cost cuts
Volkswagen management and labour representatives will resume high pressure talks on Tuesday morning over planned cost cuts to the carmaker's German sites after a 13-hour negotiation round on Monday failed to produce an agreement.
VW labour representative hopes for compromise before Christmas
Volkswagen works council chief Daniela Cavallo is hoping for a good compromise this year in the German carmaker's row with workers over cost-cutting, she said ahead of the latest round of negotiations on Monday.
Volkswagen: Restructuring In Place Means Short-Term Pain And Long-Term Gain
Despite the disappointing performance, we believe Wall Street undervalues VW's potential, creating upside risk. Key challenges include restructuring costs, tariff implications, and high CAPEX plans, but potential savings and margins uplift performance could improve profits. Our 2025 forecast shows a 5.61% EBIT margin with significant restructuring efforts (which is below the management target), leading to a target price of €147 per share.
Volkswagen's board leans against closing big plants in Germany, media report says
Volkswagen's supervisory board is leaning against closing large plants in Germany to tackle the carmaker's cost crisis, a report by business monthly manager magazin said on Thursday, though no final agreement has been reached.
VW offers 14% wage hike over four years to Tennessee factory workers
Volkswagen said Wednesday it is offering its newly unionized workers at its Tennessee assembly plant a 14% wage increase over four years and profit sharing.
Volkswagen, unions must find new solutions for German plants, company says
Volkswagen's chief negotiator Arne Meiswinkel said on Monday that unions and management needed to find alternative pathways to a solution for its German plants after the company rejected a proposal put forward by unions as unsustainable.
VW, workers clash in latest round of talks over factory shutdowns
Volkswagen and labour representatives will hold a fourth round of talks over wage cuts and possible plant closures, in what has become an increasingly bitter standoff that will be flanked by strikes at the carmaker's main German sites on Monday.
