VWAGY VOLKSWAGEN AG UNSP/ADR Loading... : Bullish and Bearish Analyst Opinions
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13:30
Jul 17
Jul 17
Volkswagen CEO Oliver Blume will seek to justify plans to cut as many as 50,000 additional jobs in meetings with workers next month.
04:29
Jul 16
Jul 16
RBC reduces its valuation of Volkswagen and lowers the target price to EUR 121 per share.
02:35
Jul 14
Jul 14
Volkswagen's CEO confirmed the automaker may need to cut up to 100,000 jobs to stay competitive in the increasingly tough car market.
02:13
Jul 14
Jul 14
Volkswagen warns it may need to cut 50,000 more jobs, signaling deepening cost pressures and potential structural challenges in the auto sector.
16:53
Jul 13
Jul 13
Volkswagen's CEO confirmed to staff in an internal memo that the automaker may need to cut about 50,000 more jobs to match rival competitiveness, potentially reducing up to 100,000 positions.
14:02
Jul 13
Jul 13
Volkswagen's CEO stated the company may need to cut about 50,000 more jobs to match the competitiveness of its rivals.
12:38
Jul 13
Jul 13
Volkswagen CEO Oliver Blume outlined a plan to eliminate up to 50,000 jobs globally as part of a cost-cutting overhaul at Europe's largest carmaker.
10:15
Jul 13
Jul 13
German state of Lower Saxony is considering taking a stake in Volkswagen's Osnabrueck plant, according to a Capital report.
08:57
Jul 13
Jul 13
Volkswagen CEO internal memo warns of a 20 percent cost disadvantage versus peers that could theoretically impact 50,000 jobs.
17:40
Jul 10
Jul 10
Volkswagen CEO Oliver Blume announced the automaker will enter the next phase of its transformation by cutting complexity, reducing overcapacity, and streamlining investments to strengthen competitiveness.
15:21
Jul 10
Jul 10
Volkswagen is reportedly seeking a partnership with Nissan to jointly develop a large SUV for the US market according to Nikkei.
10:45
Jul 10
Jul 10
Volkswagen's rescue plan is blocked by a powerful labour faction according to sources cited by Reuters.
10:20
Jul 10
Jul 10
German government spokesperson states the aim is to create conditions for a strong car industry regarding Volkswagen.
09:35
Jul 10
Jul 10
Volkswagen works council warns that the second half of the year is going to be tough for the company.
09:07
Jul 10
Jul 10
Volkswagen reported second-quarter global deliveries of 2,077,400 units, representing an 8.6 percent decline year-over-year.
06:27
Jul 10
Jul 10
Volkswagen plans to cut its model lineup by half and reduce production capacity in a cost-cutting initiative reported by the Wall Street Journal
23:05
Jul 09
Jul 09
Volkswagen announced a major restructuring plan to address weaker global demand and rising competition, while its works council rejected plant closures and will only support voluntary job cuts.
19:50
Jul 09
Jul 09
Volkswagen management plans to cut the carmaker's model lineup by as much as half but stopped short of agreeing on deeper workforce reductions after a supervisory board meeting.
19:10
Jul 09
Jul 09
Volkswagen announced a major restructuring plan including streamlining its model range by up to 50 percent and cutting global production capacity to 9 million vehicles annually.
19:10
Jul 09
Jul 09
Volkswagen's board has presented a 12-point transformation plan to adapt to changing global market conditions and intensifying competition.
18:53
Jul 09
Jul 09
Volkswagen's works council issues ultimatum to CEO opposing plant closures and supporting only voluntary job cuts.
06:02
Jul 09
Jul 09
Volkswagen faces a major test as groups controlling Europe's largest carmaker meet to discuss plans to slash tens of thousands of jobs and close factories, drawing worker protests across Germany.
08:14
Jul 08
Jul 08
Volkswagen's Oliver Blume plans a sweeping restructuring that could eliminate up to 100,000 jobs and close four German factories.
06:35
Jul 07
Jul 07
Volkswagen is considering downsizing its executive board according to a report from Wirtschaftswoche.
06:15
Jul 06
Jul 06
Volkswagen shareholders including the billionaire Porsche and Piech families are facing significant losses and the company requires major changes according to an opinion piece.
21:11
Jul 02
Jul 02
Agrees with bearish view that government controlling shareholder leads to low productivity, implying downside for Volkswagen.
MED
17:51
Jul 01
Jul 01
Volkswagen is considering selling Audi's stake in FC Bayern München and reviewing Porsche's stake in VfB Stuttgart as part of a major austerity programme ahead of a supervisory board vote on July 9 on a plan to slash 100,000 jobs.
14:36
Jun 30
Jun 30
Volkswagen is reportedly considering selling and manufacturing Chinese models in Europe according to Handelsblatt.
14:36
Jun 30
Jun 30
Volkswagen is considering selling and manufacturing Chinese models in Europe according to a Handelsblatt report.
11:10
Jun 29
Jun 29
Volkswagen's labor leaders were not informed about plans to cut up to 100,000 positions in Germany to boost competitiveness.
About VWAGY Analyst Coverage
Buzzberg tracks VWAGY (VOLKSWAGEN AG UNSP/ADR) across 16 sources. 5 bullish vs 2 bearish calls from 25 analysts. Sentiment: predominantly bullish (4%). 73 total trade ideas tracked. Past 7 days: 9 watch. Latest voices: Bloomberg, FirstSquawk, Reuters Business.