Streetbeat News

VWAGY

Volkswagen AG

https://www.volkswagenag.com/

Open

11.96

Mkt cap

60B

Volume

24K

High

11.97

P/E Ratio

5.12

52-wk high

16.48

Low

11.80

Div yield

0.08

52-wk low

8.57

Volkswagen is implementing a cost-cutting strategy in Germany that emphasizes traditional cooperation between managers and workers, despite its rhetoric of radical change.

Portfolio Pulse from

January 22, 2025 | 9:45 am

Volkswagen is eager to collaborate with the new U.S. administration to address concerns about tariffs proposed by President Trump. The company emphasizes the importance of dialogue in navigating these challenges.

Portfolio Pulse from

January 21, 2025 | 8:45 am

Volkswagen is exploring options to strengthen its partnership with U.S. electric vehicle manufacturer Rivian, as stated by Volkswagen's CEO in an interview with Spiegel magazine.

Portfolio Pulse from

January 17, 2025 | 10:45 am

Chinese automakers and officials are interested in acquiring German factories, particularly those of Volkswagen, which are slated for closure.

Portfolio Pulse from

January 16, 2025 | 5:15 am

Volkswagen's CFO emphasized the need to boost productivity at its German plants following a cost-cutting deal, aiming to increase car production per worker.

Portfolio Pulse from

January 15, 2025 | 5:30 pm

Skoda Auto, a subsidiary of Volkswagen Group, reported a 6.9% increase in global deliveries for 2024, reaching 926,600 vehicles. This growth was primarily driven by rising sales in Europe, despite declines in other markets.

Portfolio Pulse from

January 15, 2025 | 9:30 am

Volkswagen's unit sales fell by 2.3% in 2024, with challenges in Germany and China impacting its performance.

Portfolio Pulse from

January 14, 2025 | 10:30 am

Volkswagen's global deliveries fell by 1.4% in 2024, with a notable decline in battery-electric vehicle sales by 2.5%.

Portfolio Pulse from

January 09, 2025 | 12:30 pm

Volkswagen's management will take pay cuts totaling over 300 million euros by 2030, as reported by VW's human resources board member Gunnar Kilian.

Portfolio Pulse from

January 08, 2025 | 8:30 am

Xpeng Motors and Volkswagen have announced an expansion of their partnership to develop ultra-fast electric vehicle charging networks in China.

Portfolio Pulse from

January 06, 2025 | 3:00 am

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