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

XPENG and Volkswagen Group China have signed a Memorandum of Understanding to jointly develop a large super-fast charging network in China, allowing mutual access to over 20,000 charging piles across 420 cities.

Portfolio Pulse from

January 06, 2025 | 1:30 am

Volkswagen's software unit Cariad exposed terabytes of customer data from 800,000 electric vehicles, including Audi, Seat, Skoda, and Volkswagen, to the internet for months. This data breach was reported by Der Spiegel, citing security researchers informed by a whistleblower.

Portfolio Pulse from

December 30, 2024 | 8:45 pm

Volkswagen shares dropped by 3% due to market uncertainty surrounding a cost-cutting deal with unions and potential challenges in 2025.

Portfolio Pulse from

December 23, 2024 | 11:30 am

Volkswagen has reached an agreement with unions to cut over 35,000 jobs in Germany, avoiding potential mass strikes. This move is part of a broader strategy to reduce capacity and streamline operations.

Portfolio Pulse from

December 20, 2024 | 8:30 pm

Volkswagen has reached an agreement with unions regarding its German sites and jobs, following over 70 hours of negotiations. This deal prevents potential strikes at the company, which is Europe's largest carmaker.

Portfolio Pulse from

December 20, 2024 | 7:45 pm

Volkswagen plans to cut over 10,000 jobs in the coming years as part of an agreement with unions, according to Manager Magazin.

Portfolio Pulse from

December 20, 2024 | 3:00 pm

Volkswagen and the IG Metall union have made progress in their negotiations over pay and job security, marking a positive development in their longest-ever wage talks.

Portfolio Pulse from

December 20, 2024 | 8:00 am

Volkswagen, through its subsidiary PowerCo, has invested CAD69 million in Canadian lithium developer Patriot to acquire a 9.9% stake, marking a strategic partnership.

Portfolio Pulse from

December 19, 2024 | 5:45 pm

Volkswagen is in ongoing negotiations with labor unions regarding potential plant closures and pay cuts. The discussions are expected to continue as no agreement has been reached yet.

Portfolio Pulse from

December 19, 2024 | 3:45 am

Volkswagen has acquired a 9.9% stake in Canadian lithium developer Patriot Battery Metals for C$69 million, highlighting its strategic move into the lithium sector.

Portfolio Pulse from

December 18, 2024 | 9:15 am

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