Streetbeat News

VWAGY

Volkswagen AG

https://www.volkswagenag.com/

Open

9.50

Mkt cap

47B

Volume

86K

High

9.50

P/E Ratio

3.66

52-wk high

16.48

Low

9.26

Div yield

0.10

52-wk low

8.57

Volkswagen's works council chief, Daniela Cavallo, is optimistic about reaching a compromise in the ongoing negotiations with workers over cost-cutting measures. The discussions are set to continue, with hopes for a resolution before Christmas.

Portfolio Pulse from

December 16, 2024 | 10:00 am

Volkswagen is undergoing restructuring, which may cause short-term challenges but could lead to long-term gains. Despite current underperformance, Wall Street may undervalue VW's potential. Key challenges include restructuring costs, tariffs, and high CAPEX, but potential savings and margin improvements could enhance profits. A 2025 forecast predicts a 5.61% EBIT margin, below management targets, with a target price of €147 per share.

Portfolio Pulse from

December 14, 2024 | 7:30 am

Volkswagen is offering a 14% wage increase over four years and profit sharing to its newly unionized workers at its Tennessee assembly plant.

Portfolio Pulse from

December 11, 2024 | 9:45 pm

Volkswagen's chief negotiator stated that the company and unions need to find new solutions for its German plants after rejecting a union proposal as unsustainable.

Portfolio Pulse from

December 09, 2024 | 9:00 am

Volkswagen and its labor representatives are in a tense negotiation over wage cuts and potential plant closures, with strikes planned at major German sites.

Portfolio Pulse from

December 09, 2024 | 5:30 am

Volkswagen CEO Oliver Blume has described union proposals for cost savings as a 'starting point' but insufficient to secure the company's future.

Portfolio Pulse from

December 04, 2024 | 11:00 am

Nearly 100,000 workers at Volkswagen's German plants participated in strikes against management's plans to cut wages and potentially close sites. The IG Metall union has warned of further industrial action.

Portfolio Pulse from

December 03, 2024 | 10:00 am

Volkswagen workers in Germany have initiated warning strikes due to escalating labor disputes over job cuts, pay reductions, and factory closures.

Portfolio Pulse from

December 02, 2024 | 5:00 pm

Volkswagen is facing labor strikes at its German plants due to concerns over potential workforce reductions and plant closures.

Portfolio Pulse from

December 02, 2024 | 5:00 pm

Volkswagen AG workers in Germany have initiated a strike in response to the company's cost-cutting plans. This labor action could impact Volkswagen's operations and financial performance.

Portfolio Pulse from

December 02, 2024 | 2:30 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.