Volkswagen AG (VWAGY)
| Market Cap | 43.45B |
| Revenue (ttm) | 361.88B |
| Net Income (ttm) | 13.67B |
| Shares Out | n/a |
| EPS (ttm) | 27.27 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | 0.65 (7.32%) |
| Ex-Dividend Date | May 31, 2024 |
| Volume | 13,796 |
| Open | 8.75 |
| Previous Close | 8.87 |
| Day's Range | 8.70 - 8.78 |
| 52-Week Range | 8.70 - 16.48 |
| Beta | 1.23 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Oct 30, 2024 |
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 numbers in EUR Financial StatementsNews
Volkswagen pleads for labor union to consider 'sustainable financial relief'
Volkswagen (VWAGY) is asking its largest labor union to consider pay cuts to provide the company with 'sustainable financial relief.' Read more here.
Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue
Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.
Volkswagen Faces Prospect of Strikes in December as Talks With Unions Set to Continue
Negotiations are set to resume on Dec. 9 as the German car maker faces weak demand for electric vehicles and competition from lower-cost Chinese competitors.
Volkswagen Faces Strikes Amid Cost-Cutting Disagreements in Germany
Volkswagen Faces Strikes Amid Cost-Cutting Disagreements in Germany
VW Union Calls for December Walkouts in Dispute Over Cuts
Volkswagen AG workers across Germany plan to stage mass walkouts starting early next month after labor leaders and management failed to reach an agreement over how to slash costs at the carmaker’s nam...
VW union calls for Dec 1 strikes as wage talks stutter
Volkswagen's union said it would recommend its members go on strike from Dec. 1 as talks over wages and factory closures with the carmaker's management failed to achieve a breakthrough on Thursday.
Volkswagen workers offer to take pay cut as wage talks continue
As Volkswagen’s wage negotiations enter a third round, employees have offered to accept a wage cut, in return for guarantees from the company that it will not shut down German plants, and will protect...
Volkswagen enters third round of wage talks as strike action looms
Volkswagen management and worker representatives begin a third round of wage negotiations on Thursday, with just ten days left to find a solution before unions have threatened to escalate the fight wi...
Europe Car Sales Stagnate as Electric Vehicle Weakness Persists
Car sales in Europe are flatlining, leading manufacturers including Ford Motor Co. and Volkswagen AG to push for cost cuts in response to muted demand.
Ford to slash 4,000 jobs in Europe as EV transition loses momentum
Peers including Volkswagen AG and Stellantis NV have issued profit warnings in recent months
The Unusual Power of VW's Union Boss Is Being Put to the Test
Daniela Cavallo faces the battle of her career as she fights what would be the first German factory closures in the automaker's history.
IG Metall threatens historic labour battle if VW insists on plant closures
Workers are prepared to make concessions worth 1.5 billion euros ($1.58 billion) in ongoing negotiations with Volkswagen over cost cuts, warning of a far-reaching conflict if the carmaker insists on p...
VW Labor Leaders Offer €1.5 Billion in Cuts Ahead of Talks
Labor leaders at Volkswagen AG offered €1.5 billion ($1.6 billion) in cost cuts as management pushes for broad savings to steady the beleaguered carmaker.
VW plans for factory closures cross several red lines, works council chief says
Volkswagen is planning to shut factories in every scenario presented to labour representatives, putting both factions on collision course in a dispute over pay and jobs, and raising the spectre of str...
Exclusive: In high-wage Germany, VW's labour costs outstrip the competition
As Volkswagen and unions gear up for the next round of talks over wages and plant closures in Germany, company and industry data reviewed by Reuters show that the automaker spends a higher proportion ...
VW taps former Rivian exec to run US business
Volkswagen of America has a new CEO: Rivian’s recently departed chief commercial officer Kjell Gruner. The appointment comes just one week after VW parent company Volkswagen Group formalized a $5.8 bi...
Head of Volkswagen’s North American division steps down
Pablo Di Si leaves carmaker ‘at own request’ to be replaced by Porsche veteran amid push to regain US market share
Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business
The German car maker said Gruner would take over as chief executive of Volkswagen’s America operations on Dec. 12.
Volkswagen Chooses Rivian's Kjell Gruner to Lead U.S. Business
The German car maker said Gruner would take over as chief executive of Volkswagen's America operations on Dec. 12.
Volkswagen Chooses Rivians Kjell Gruner to Lead U.S. Business
Rivian R2 Road Tour Heads To Detroit, Chicago, Los Angeles, And More
Rivian Automotive (NASDAQ: RIVN) has announced more stops on its R2 Road Tour to bring the R2, R3 and Gen 2 R1S and R1T vehicles to the public for test drives and demonstrations ahead of R2 productio...
Volkswagen appoints former Rivian executive as head of American business
Volkswagen appointed former Rivian executive Kjell Gruner as head of its American business Tuesday, as the automaker faces a choppy electric transition and ongoing negotiations with the United Auto Wo...
Volkswagen Names Ex-Porsche, Rivian Exec as Americas Chief
Volkswagen AG said it’s replacing Pablo Di Si, the Argentine executive who had let its Americas business the past two years, with Kjell Gruner, the former head of the Porsche brand in North America wh...
‘A road trip like no other’: my epic drive on Kraftwerk’s Autobahn
Fifty years ago, the electronic pioneers released a 23-minute song about a road – and changed pop music for ever. Our writer hits the speed-limit-free highways of Düsseldorf and Hamburg in search of i...
Volkswagen’s hopes of US comeback shaken by Donald Trump’s re-election
Threat of tariffs and subsidy shake-up come as German carmaker faces weak American sales of its all-electric SUV