Stuttgart - Delayed Quote ? EUR Volkswagen AG (VOW3.SG) Follow Compare 88.62 -2.50 (-2.74%) At close: 9:59 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations The WSJ Dollar Index Rises 0.01% to 99.06 The WSJ Dollar Index advanced for the third-consecutive session, reaching the highest closing value since July 30. The Wall Street Journal ? 1 hour ago VLKAF VLKPF -2.80% VWAGY VW works council head says company to shutter three Germany plants, Reuters says Daniel Cavallo, head of Volkswagen’s (VWAGY) works council, said that the car maker intends to shut down at least three factories in Germany, cut tens of thousands of jobs, and shrink its remaining factories in the country as it plots a deeper-than-anticipated revamp, Reuters’ Axel Schmidt, Christoph Steitz, and Christina Amann report. “Management is absolutely serious about all this. This is not sabre-rattling in the collective bargaining round,” Cavallo told employees at the carmaker’s biggest TipRanks ? 7 hours ago VLKAF VLKPF -2.80% VWAGY Volkswagen Aims to Slash Jobs and Close Plants, Works Council Says The automaker aims to shut at least three factories in Germany, downsize its remaining plants and lay off tens of thousands of staff, according to German industrial union IG Metall. The Wall Street Journal ? yesterday VLKAF VLKPF -2.80% VWAGY Volkswagen plans to close 3 German plants, workers rally Volkswagen (VWAGY) workers paused production for one hour at German auto plants to rally outside the automaker's headquarters. This all comes after Volkswagen scrapped its job protections for workers and plans to close at least three German factories, all part of the company's broader cost-cutting strategy. Catalysts host Seana Smith reports on the latest news surrounding the German automaker's relationship with its union workforce. Volkswagen is set to report third quarter earnings results this Wednesday, October 30. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan. Yahoo Finance Video ? yesterday VLKAF VLKPF -2.80% VWAGY VW's Scout Motors debuts 2 new EVs and a surprise range extender hybrid option The revived Scout Motors finally showed off its two upcoming electric adventure vehicles, along with a bonus surprise. Yahoo Finance ? 4 days ago LCID TSLA VLKAF Scout Motors CEO talks strategy for profitable EV production by 2027 Volkswagen (VOW3.DE)-backed Scout Motors has unveiled new conceptual vehicles. The line features a hybrid electric pickup truck and SUV, both slated for production in 2027. Scout Motors CEO Scott Keogh joins Catalysts alongside Yahoo Finance Autos Reporter Pras Subramanian to discuss this venture. "It's the return of an iconic brand that basically made the SUV back in the day," Keogh explains. He highlights two distinct powertrains: an electric version with a 350-mile range and a range extender, which he describes as "the perfect technology for what's happening in America today." "We're going to come to the market in [20]27, and we want to grow as quickly as possible, but I think the most important thing is to get the business case right." Keogh emphasizes two critical factors: maintaining low material costs to ensure profitability and managing operating costs, which he notes will be easier as a startup company. "The fact that we're able to use the startup advantages with the backing of the Volkswagen Group to get costs down really gives us a slick business model, which is why we can turn profitable relatively quickly," he tells Yahoo Finance. He stresses the importance of controlling material costs during the manufacturing process, noting that if you don't get them down during manufacturing, "you'll never get them down." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Angel Smith Yahoo Finance Video ? 4 days ago VLKAF VLKPF -2.80% VWAGY Stocks to watch this week: BP, Shell, Uber, HSBC and Intel Earnings preview of key companies reporting this week and what to look out for. Yahoo Finance UK ? 4 days ago BMY CELG-RT BASFY VW Pitches America’s Heartland on EVs With New Scout Pickup, SUV The new Scout Motors brand will also offer hybrids as it competes with Ford, Rivian and Tesla for a share of the truck market. The Wall Street Journal ? 5 days ago VLKAF VLKPF -2.80% VWAGY First drive: Lamborghini Urus SE hybrid is a dynamic, and green, super SUV When Lamborghini unveiled the new Urus, the thinking was don’t mess with a good thing. But with Lamborghini’s Direzione Cor Tauri electrification plan in place, hybrid power was coming. And Lambo swears this is all in the name of performance. Yahoo Finance ? 10 days ago RACE VLKAF VLKPF -2.80% First drive: Lamborghini Urus SE hybrid SUV Yahoo Finance's Pras Subramanian takes the all-new Lamborghini Urus SE Hybrid for a test drive. Is electrification no longer a dirty word? Yahoo Finance Video ? 11 days ago VLKAF VLKPF -2.80% VWAGY Northvolt Nears $300 Million Rescue Package to Ease Crunch (Bloomberg) -- Northvolt AB is closing in on an about $300 million rescue package that includes debt and equity, according to people familiar with the matter, buying time for the cash-strapped Swedish battery maker to stabilize production and line up longer-term financing. Most Read from BloombergA Broken Oil Pipeline Plunges South Sudan’s Capital Into ChaosInside the ‘Utopias’ of Mexico CityOne City’s Plan to Re-Link a Neighborhood That Robert Moses DividedCities Look to AI to Flag Residents’ T Bloomberg ? 11 days ago GS VLKAF VLKPF -2.80% Forge Nano Receives $10M Investment from GM Ventures to Pursue GM Battery Material Enhancements for Future Electric Vehicles Capital investment into Forge Nano now exceeds $100M; GM joins VW, LG, Hanwha and Mitsui Kinzoku as shareholdersGM plans to utilize Forge Nano’s Atomic Armor surface engineering platform technology to pursue battery cathode material enhancements DENVER, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Forge Nano, Inc., a materials science company that uses its Atomic Armor? Atomic Layer Deposition technology to optimize material performance to enable better products, today announced a $10M investment from GM V GlobeNewswire ? 13 days ago AIQUF AIQUY MMSMY China’s Top Carmaker Dominates Foreign Rivals With $14,000 Plug-In Hybrid From tariffs to technology restrictions, global challenges are mounting for Chinese carmakers, but BYD has been unstoppable. The Wall Street Journal ? 15 days ago VLKAF VLKPF -2.80% VWAGY Trending tickers: Uber, Entain, LVMH, Dmart The latest investor updates on stocks that are trending on Monday. Yahoo Finance UK ? 15 days ago GMVHF GMVHY VLKAF You Think Minivans Are Uncool? Think Again. Long considered the least sexy way to get around, the minivan is poised to make a comeback with the arrival of the VW ID. Buzz. The Wall Street Journal ? 18 days ago VLKAF VLKPF -2.80% VWAGY Stocks to watch next week: Netflix, LVMH, ASML, Rio Tinto and Goldman Sachs Earnings preview of key companies reporting next week and what to look out for. Yahoo Finance UK ? 18 days ago ESLOF ESLOY ERIC Volkswagen Car Deliveries Fall as Industry Challenges Mount Volkswagen delivered fewer cars in the third quarter as the automaker navigates an increasingly challenging market hit by a price war in China and high domestic production costs. The Wall Street Journal ? 18 days ago VLKAF VLKPF -2.80% VWAGY Trending tickers: Tesla, BP, Trump Media, Porsche and TSMC The latest investor updates on stocks that are trending on Friday. Yahoo Finance UK ? 18 days ago VLKAF VLKPF -2.80% VWAGY Volkswagen CEO warns of EU tariff retaliation from China Volkswagen (VWAGY) CEO Oliver Blume is voicing some concern after the European Union voted to add tariffs as high as 45% on China's electric vehicles. In an interview with Bild am Sonntag, Blume said he hopes for an alternative solution to tariffs on China's electric vehicles and is bracing for potential retaliation from Beijing. Catalysts Hosts Seana Smith and Madison Mills report more on the story and how Volkswagen weighs on the German economy. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl Yahoo Finance Video ? 22 days ago VLKAF VLKPF -2.80% VWAGY EU votes to impose tariffs on Chinese EVs European automaker stocks rallied Friday following the European Union's decision to impose new tariffs on electric vehicles (EVs) manufactured in China. The measures, which could remain in effect for up to five years and reach up to 45%, come after an EU investigation concluded that China unfairly subsidized its automotive industry. Morning Brief co-hosts Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith Yahoo Finance Video ? 25 days ago BAMXF BMWKY BYMOF Performance Overview Trailing total returns as of 10/29/2024, which may include dividends or other distributions. Benchmark is DAX PERFORMANCE-INDEX Return VOW3.SG DAX PERFORMANCE-INDEX YTD -14.31% +16.28% 1-Year -2.99% +32.62% 3-Year -30.82% +24.09%
