Volkswagen AG (ETR: VOW)
Germany
· Delayed Price · Currency is EUR | Market Cap | 45.06B |
| Revenue (ttm) | 324.46B |
| Net Income (ttm) | 12.26B |
| Shares Out | n/a |
| EPS (ttm) | 24.45 |
| PE Ratio | 3.68 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 126,516 |
| Open | 88.35 |
| Previous Close | 89.20 |
| Day's Range | 87.95 - 91.25 |
| 52-Week Range | 81.50 - 152.50 |
| Beta | 1.23 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Mar 11, 2025 |
About Volkswagen AG
Volkswagen AG manufactures and sells automobiles in Germany, other European countries, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles. The ... [Read more]
Financial Performance
In 2023, Volkswagen AG's revenue was 322.28 billion, an increase of 15.49% compared to the previous year's 279.05 billion. Earnings were 16.01 billion, an increase of 7.61%.
Financial StatementsNews
Volkswagen reaches agreement with IG Metall after 70 hours of negotiations
Volkswagen agrees deal to avoid German plant closures
VW and a union have, however, agreed to cut more than 35,000 jobs across the country by 2030.
Volkswagen To Cut 35,000 Jobs In Germany By 2030
Crisis-hit auto giant Volkswagen said Friday it planned to cut 35,000 jobs by 2030 in Germany after reaching an agreement with unions on a drastic cost-cutting plan.
VW, union agree to cut 35,000 jobs in Germany, avert strikes
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last-gasp deal between Europe's top carmaker and unions on Frida...
The main points of Volkswagen's deal with unions on German sites and jobs
Here are the main points of a deal struck on Friday between Volkswagen and unions on the carmaker's German sites and jobs. The agreement followed more than 70 hours of talks and averted the spectre of...
Volkswagen reaches deal with union on German plants
Agreement to save €4bn includes factory capacity cuts and 35,000 job losses by 2030 ‘in socially responsible’ way
VW reaches deal with union after grueling talks
Volkswagen announced sweeping changes to its German operations, including more than 35,000 future job cuts and capacity reductions in a last gasp deal between Europe's top carmaker and unions on Frida...
Volkswagen to cut more than 35,000 jobs in Germany by 2030
Volkswagen on Friday said it had agreed with unions to cut more than 35,000 jobs at its German sites by 2030 in a socially responsible manner, which would help achieve more than 15 billion euros ($15....
Omnicom Media Group Taps Katie Klein as Chief Investment Officer
Omnicom Media Group (OMG) is bringing on PHD exec Katie Klein as chief investment officer, it shared with ADWEEK. Klein previously held the same role at subsidiary PHD USA. In her three years there, s...
EU should spare carmakers from ‘punitive’ emissions fines, says Scholz
Germany’s chancellor backs auto industry as VW considers unprecedented plant closures The EU should refrain from “punitive” fines on carmakers that fail to meet emissions standards, the German chancel...
More than 10,000 jobs to be cut at VW in next years, says Manager Magazin
Volkswagen plans to cut more than 10,000 jobs in the next few years as part of an agreement with unions over the future of the German brand, manager magazin reported, not citing where it obtained the ...
VW and works council reach provisional deal, Handelsblatt reports
Volkswagen and its works council reached a provisional deal on cost-cutting measures that still requires further scrutiny and agreement from both sides, Handelsblatt reported on Friday, citing people ...
Volkswagen talks over future of plants and jobs at a 'stalemate'
Workers at the car giant have been taking industrial action following VW's revelations about the possibility of closing German plants and axing thousands of jobs. Volkswagen is struggling with falling...
Rapprochement between Volkswagen and union in wage talks, sources say
There has been rapprochement between Volkswagen and the IG Metall union during the longest-ever talks over pay and job security, sources close to the negotiations told Reuters on Friday, without provi...
Volkswagen and Unions Enter Fourth Day of Talks
Intensive negotiation between Volkswagen and labor leaders continue over how to proceed with cost cuts at the auto giant.
Volkswagen and Unions Enter Fourth Day of Talks
Intensive negotiation between Volkswagen and labor leaders continue over how to proceed with cost cuts at the auto giant.
VW Nears Labor Deal That Would Keep German Car Plants Open
Volkswagen AG and labor leaders are moving closer to an agreement to restructure the automaker’s namesake brand without shuttering factories in Germany, according to people familiar with the matter.
Volkswagen Faces Ongoing Union Negotiations Amid Potential Strikes
Volkswagen Faces Ongoing Union Negotiations Amid Potential Strikes
VW Talks: Automaker Closes in on Labor Deal to Keep German Factories Open
Volkswagen and labor leaders are moving closer to an agreement to restructure the automaker's namesake brand without shuttering factories in Germany, according to people familiar with the matter. Bloo...
Volkswagen, unions still locked in talks over plant closures, pay cuts, sources say
Talks between Volkswagen and labour unions over plant closures and pay cuts are expected to last well into Thursday as both sides have still not reached a deal, according to two people familiar with t...
Volkswagen nears deal with unions to keep car plants open, Bloomberg says
Volkswagen and labour unions are nearing an agreement to restructure the brand without closing factories in Germany, Bloomberg reported on Thursday, citing people familiar with the matter.
Three reasons China is taking over the global car market
OK, I'll admit it, my headline is a little but overblown. But, the rise of Chinese carmakers is sending shock waves through the global auto industry. For example: Honda and Nissan to begin merger talk...
ASX 200 LIVE: ASX drops on Wall Street losses, $A plunges on Fed’s revised rate outlook. Patriot shares up on Volkswagen deal. ANZ shareholders vote down remuneration report.
Australian stocks fall 2pc. Patriot leaps on Volkswagen deal. ANZ shareholders reject pay report. $A drops as greenback surges. Follow updates here.
Volkswagen Buys Stake in Lithium Firm for $48 Million
Volkswagen Group will spend C$69 million ($48.1 million) on a 9.9% stake in lithium miner Patriot Battery Metals Inc. to secure raw materials for electric vehicles.
Porsche-Piëch family pushes for Volkswagen plant closures
German carmaker’s majority owner is taking a hardline in support of cost cuts