YAHOO FINANCE ELECTION GUIDE What the 2024 campaign means for your wallet Mexico - Delayed Quote ? MXN Volkswagen AG (VOW3N.MX) Follow Compare 1,970.00 0.00 (0.00%) As of November 4 at 11:44 AM CST. Market Open. All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Volkswagen unveils cost-cutting measures to address structural issues Volkswagen has allotted about €900m in its annual report for cost cutting measures. Just Auto ? yesterday VWAPY BYD Sells Record Half a Million Plug-In Cars in Blowout Month (Bloomberg) -- BYD Co. kicked off the final quarter of the year with record monthly sales, continuing its strong performance in what is typically a peak season for auto purchases in China.Most Read from BloombergIs Denver’s Big Bet on E-Bikes Paying Off?The Answer To Making Cities More Family-Friendly? CourtyardsChicago Mayor Seeks Property Tax Hike, Breaking Campaign VowIstanbul Tries Free Public Transit to Help Job SeekersIn Warsaw, Falling Road Deaths Signal a Traffic Safety TurnaroundThe man Bloomberg ? 4 days ago BYDDY VWAPY Volkswagen layoffs, Ford and Stellantis woes, and our robot future: Autos news roundup Automakers took a hit this week after revealing their earnings for the latest fiscal quarter. Quartz ? 4 days ago STLAM.MI VWAPY F Q3 2024 Mobileye Global Inc Earnings Call Q3 2024 Mobileye Global Inc Earnings Call Thomson Reuters StreetEvents ? 4 days ago MBLY VWAPY Volkswagen AG (VLKAF) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic ... Despite a decline in profits, Volkswagen AG (VLKAF) focuses on new models and strategic partnerships to drive future growth. GuruFocus.com ? 5 days ago VWAPY RIVN Volkswagen in Drive to Cut Costs as Earnings Plunge The automaker said it needed to urgently cut costs after reporting a sharp fall in third-quarter earnings hurt by weaker car sales in China. The Wall Street Journal ? 5 days ago VLKAF VLKPF VWAGY Volkswagen Q3 profit tumbles, signaling more woes for global automakers Volkswagen reported lackluster third quarter results on Wednesday, signaling more woes for large automakers mired with softening global demand and competition from Chinese automakers. Yahoo Finance ? 5 days ago XPEV LAAOF LI Volkswagen looks to cut costs after steep profit drop Volkswagen (VWAGY) is looking to cut costs after posting disappointing third quarter results. The company saw a 42% decline in operating profit in the quarter due, in part, to a steep drop in China demand. Labor representatives recently said the automaker plans to close 3 German plants due to its struggles. Yahoo Finance Senior Autos Reporter Pras Subramanian breaks down the details. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith Yahoo Finance Video ? 6 days ago VLKAF VLKPF VWAGY Is QuantumScape a Millionaire Maker? Investors must weigh QuantumScape's massive potential against its chances of realizing that potential. Motley Fool ? 6 days ago QS VWAPY Volkswagen's profits took a bit hit as it faces strikes over mass layoffs and plant closures Volkswagen (VWAGY) has reported a 42% drop in operating profit for the July to September quarter, and its worst operating margin since the COVID-19 pandemic forced it to halt production. Quartz ? 6 days ago VWAPY VW’s Profit Plunge Sets Stage for Skirmish Over Plant Closings (Bloomberg) -- Volkswagen AG cast its least-profitable quarter in years as cause for the first factory closures in Germany in its 87-year history, setting the stage for contentious negotiations with labor leaders.Most Read from BloombergNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictA South Korean City Plays Matchmaker to Tackle a Fertility CrisisInside NYC’s Playbook for Getting Federal Grant FundsIs Den Bloomberg ? 6 days ago VWAPY Trending tickers: Alphabet, AMD, Microsoft, Reddit and Snap The latest investor updates on stocks that are trending on Wednesday. Yahoo Finance UK ? 6 days ago ^GSPC GLCNF GLNCY How Volkswagen is utilising AI to enhance its digital assistant If the VW online digital assistant is stumped, an AI-based tool steps in. Just Auto ? 6 days ago VWAPY Volkswagen says cost cuts are urgently needed as its earnings decline sharply Volkswagen said significant cost cuts are urgently needed as it reported a steep decline in third-quarter earnings on Wednesday and faced employee representatives angry at the possibility of the automaker's first plant closures in Germany. The figures came two days after the head of Volkswagen's works council said management had informed employee representatives that it wants to close at least three plants in Germany. Volkswagen said in early September that auto industry headwinds mean it can’t rule out plant closures in its home country, and must drop a job protection pledge in force since 1994 that would have barred layoffs through 2029. Associated Press Finance ? 6 days ago VWAPY VW profits plunge by ￡2.3bn as it scrambles to close factories Volkswagen bosses have stressed the “urgent need” for drastic cutbacks after the car giant’s quarterly profits slumped by 64pc. The Telegraph ? 6 days ago VWAPY VW demands 10% wage cuts to save jobs as profits plunge WOLFSBURG, Germany (Reuters) -Volkswagen asked its workers to take a 10% pay cut on Wednesday, arguing it was the only way that Europe's biggest carmaker could save jobs and remain competitive as profits plunged to a three-year low and union bosses threatened strikes. It was the first official confirmation of cost-cutting measures VW wants to implement to turn around its fortunes as high costs and weak demand in China dragged down sales and left its factories bloated from overcapacity. The company did not address directly the issue of whether it planned to close factories in Germany for the first time in Volkswagen's 87-year history, though labour representatives said that option remained on the table. Reuters ? 6 days ago VWAPY 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 ? 6 days ago VLKAF VLKPF VWAGY Milei’s Revamp Offers CEOs a Hint of Optimism on Argentina (Bloomberg) -- In the early days of Javier Milei’s presidency, Volkswagen AG’s South America chief wasn’t too happy with him. Now he’s part of a chorus of business leaders feeling encouraged about Argentina for the first time in years.Most Read from BloombergThere Will Soon Be No Meatpackers Left in NYC’s Historic Meatpacking DistrictInside NYC’s Playbook for Getting Federal Grant FundsNY Transit Agency Takes Next Step on Brooklyn-Queens Rail LinkA Courtyard Apartment Building Designed for South Bloomberg ? 6 days ago MELI VWAPY 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 days ago VLKAF VLKPF VWAGY As Volkswagen closes plants in Germany, where is production headed? Volkswagen has announced a historic decision to shut plants in Germany, slash salaries and cut thousands of jobs. Investment Monitor ? 7 days ago VWAPY Performance Overview Trailing total returns as of 11/5/2024, which may include dividends or other distributions. Benchmark is DAX P Return VOW3N.MX DAX P YTD -5.80% +14.86% 1-Year -1.09% +26.67% 3-Year -57.12% +20.03%
