• VOWG

Volkswagen stock rises on Q3 results

Volkswagen's shares rose after their strong Q3 results, showing increased profits, particularly from Audi, but face challenges in transitioning to electric vehicles.

• VOWG
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Volkswagen plans major layoffs as part of cost-cutting effort

Volkswagen plans major layoffs and wage cuts to reduce costs by €4 billion amid financial struggles, leading to tensions with unions over potential factory closures and restructuring.

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Porsche downgraded to "hold" at Stifel

Porsche Automobil Holding SE downgraded to Hold by Stifel due to reduced dividends from Volkswagen, financial governance issues, and a complex investment portfolio affecting deleveraging prospects.

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• VOWG

Volkswagen, Novartis could surprise in Q3 earnings season, UBS analysts warn

UBS analysts predict surprises in Q3 earnings, flagging Volkswagen and Novartis for potential disappointments while International Airlines Group could exceed expectations amid recovering demand.

• VOWG

Why is Volkswagen closing plants?

Volkswagen plans to close plants in Europe due to declining sales, regulatory challenges, and increasing competition, launching a restructuring plan but facing a potential €2-3 billion shortfall.

• AML
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• GM
• RENA
• TM
• VOWG

Factbox-Carmakers adjust electrification plans as EV demand slows

Toyota has reduced its 2026 EV production goal as manufacturers adjust plans amid slowing demand for electric vehicles.

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• TSLA
• VOWG

Bernstein's survey shows BYD no.1 EV brand in China, followed by Tesla and VW

Bernstein's survey shows BYD leads as the most recognized EV brand in China, with rising brand loyalty for domestic manufacturers and challenges for foreign competitors.

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• DE40
• VOWG
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Explainer-Volkswagen Law: the unique structure behind the German carmaker's labour clash