Volkswagen AG (VWAPY)
| Market Cap | 46.11B |
| Revenue (ttm) | 361.88B |
| Net Income (ttm) | 13.67B |
| Shares Out | n/a |
| EPS (ttm) | 27.27 |
| PE Ratio | 3.37 |
| Forward PE | n/a |
| Dividend | 0.65 (7.09%) |
| Ex-Dividend Date | May 31, 2024 |
| Volume | 615,700 |
| Open | 8.89 |
| Previous Close | 9.22 |
| Day's Range | 8.87 - 9.12 |
| 52-Week Range | 8.36 - 13.92 |
| 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 numbers in EUR Financial StatementsNews
Eddie Cunningham: Why are Honda and Nissan merging now? And what does it mean for the future?
Honda and Nissan are in talks about a merger that would make the new company the third-largest auto sales group in the world behind Toyota and Volkswagen.
Honda, Nissan announce plans to merge
Japanese automakers Honda and Nissan announced Monday that they were exploring a merger that would allow them to better compete amid a changing automotive landscape. The companies plan to spend the ne...
Volkswagen (VWAGY) Agrees to Cost-Cutting Measures Amidst Competitive Pressures
Volkswagen (VWAGY) Agrees to Cost-Cutting Measures Amidst Competitive Pressures
Volkswagen shares fall as markets struggles to digest unions deal
Volkswagen shares were down 3% in early trade on Monday with analysts citing uncertainty about the automaker's cost-cutting deal with unions and likely headwinds in 2025.
Honda and Nissan start merger talks in historic pivot
The integration would create the world's third-largest auto group by vehicle sales after Toyota and Volkswagen
Volkswagen (VOW3) Reaches Cost-Cutting Agreement with Union to Avoid Strikes
Volkswagen (VOW3) Reaches Cost-Cutting Agreement with Union to Avoid Strikes
Honda and Nissan are set to announce launch of integration talks
Rumours of this from last week: Honda and Nissan to begin merger talks Nissan and Honda are said to be in talks to set up a holding company More emerging now, with Honda and Nissan set to announce dis...
VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reports
A reduction in managers' bonuses at Volkswagen will lead to a 10% pay cut for the next two years, the Sueddeutsche Zeitung newspaper reported on Sunday, after the German carmaker struck a deal with un...
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 Aims to Reduce Workforce by 35,000 in Deal With Union
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...
Union reaches agreement with Volkswagen to avoid plant closures
After days of negotiations which looked like they had reached a stalemate, German workers union IG Metall has reached a deal to avoid Volkswagen plant closures as well as redundancies and wage cuts.
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.