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VKW.L Novinky na Forexu
Volkswagen Plans Addl. 50,000 Job Cuts, 50% Drop In Models, 3-figure Bln Investment; Stock Gains
German automotive major Volkswagen AG announced its plan to cut anouther 50,000 jobs as part of its transformation program 'Future Plan 2030' with 12 initiatives for significant cost savings. The firm would also half its model portfolio by 2035, aiming for more resilient and competitive operations under demanding market conditions. In addition, the firm said it will invest a three-figure billion..
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Před 7 dny
Volkswagen Cuts FY26 Revenue View After Weak Q2 Profit, Volume
German automotive major Volkswagen AG reported Friday lower profit in its second quarter as production and sales volume were hurt, mainly by China. However, sales revenues were higher than last year. Going ahead, the firm said it stays on track in challenging environment and expects improved margin in the second half of the year. Further, the firm maintained fiscal 2026 margin view...
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Před 49 dny
Volkswagen Shares Gain On Positive FY26 Outlook, Despite Weak Q4
Shares of Volkswagen AG were gaining around 4 percent in the morning trade in Germany after the auto major issued fiscal 2026 outlook expecting growth in operating margin and sales, despite reporting sharply lower profit in its fourth quarter with weak vehicle production and sales. Further, the firm trimmed its annual dividend.
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Před 185 dny
Volkswagen Stock Up On Volume Growth, Despite Weak Q2 Profit, Outlook Cut
Shares of Volkswagen Group were gaining around 4 percent in the German trading after the automajor reported Friday slightly higher sales volume in the second quarter, even though profit and revenues were lower and the firm trimmed fiscal 2025 outlook. The latest results were hit partly by higher sales of lower-margin all-electric models, as well as increased US import tariffs and restructuring...
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Před 413 dny
Rivian Stock Gains On $5.8 Bln JV With Volkswagen
Shares of Rivian Automotive, Inc. gained around 10 percent in the extended trading on Nasdaq on Tuesday after the electric vehicle maker announced a joint venture partnership with German auto major Volkswagen Group, with a total deal size of up to $5.8 billion. The new joint venture, Rivian and VW Group Technology, LLC, is intended to create next-generation electrical architecture and vertically..
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Před 667 dny
Six Southern Governors Warn Against UAW's Unionization Campaign
U.S. Governors of six Southern states have warned against United Auto Workers or UAW's unionization campaign for workers of major automakers, citing threat for the jobs and the values they live by. In a joint statement, the governors of Alabama, Georgia, Mississippi, South Carolina, Tennessee and Texas said they are highly concerned about the unionization campaign driven by misinformation...
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Před 877 dny
Volkswagen Recalls 140K SUVs For Faulty Passenger-side Airbags
Volkswagen is recalling more than 143,000 Atlas Sport vehicles or SUVs in the United States due to faulty airbags on the front passenger side. The German automaker warned against someone riding in that seat until the issue is corrected. Volkswagen Group of America, Inc.'s recall involves certain 2018-2021 Atlas and 2020 Atlas Cross Sport vehicles.
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Před 1255 dny
Court Rejects Capital Markets Model Case On So-called Diesel Issue Against Porsche SE
The Higher Regional Court of Stuttgart on Tuesday ruled in a capital markets model case on the so-called diesel issue that most of the establishment objectives requested by the plaintiffs against Porsche Automobil Holding SE (Porsche SE), Stuttgart, are to be rejected.
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Před 1262 dny
Volkswagen To Invest EUR 180 Bln Over 5 Years To Meet EV Targets
German auto giant Volkswagen Tuesday said it plans to invest 180 billion euros over the next five years by 2027, mainly with an aim to boost its targets for electrification and digitalization, and to grow its presence in the North America region. The company also said its solid financial performance in fiscal 2022 lays basis for profitable growth in key markets.
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Před 1277 dny
