Breaking News: VOWG_p – Market Insights, Analysis & Latest Updates

VOWG_p

Audi plans thousands of job cuts outside production, report says

Audi plans to cut 15% of its workforce, affecting 4,500 indirect jobs in Germany, amid declining profits and high costs linked to its Brussels plant closure.

investing.com • 07/11/2024 - 10:54 AM

VOWG_p

Volkswagen to recall over 114,000 US vehicles over airbag concern, NHTSA says

Volkswagen recalls 114,478 vehicles in the U.S. due to driver-side airbag risks. Affected models include 2006-2019 Beetle and Passat. Dealers will replace airbag modules for free.

investing.com • 07/11/2024 - 10:46 AM

VOWG_p

Lamborghini revenue jumps 20% on high demand for all models

Lamborghini's revenue rose 20% to €2.43 billion, with 8,411 cars delivered and increased operating profit, indicating strong demand and successful new model introductions.

investing.com • 06/11/2024 - 15:30 PM

Analysis-For Europe's markets, Trump's return spells euro pain but bond gains

European investors face economic uncertainty after Trump's reelection, with potential tariffs affecting the euro, bonds, and stock markets amid shifting expectations.

investing.com • 06/11/2024 - 15:21 PM

EV maker Rivian may report first quarterly revenue drop since IPO

Rivian is set to report its first quarterly revenue drop, driven by part shortages and demand decline, amid cost-cutting measures and a slashed production target for 2024.

investing.com • 06/11/2024 - 10:48 AM

VOWG_p

VW workers at Osnabrueck plant hold fresh warning strike

Volkswagen Osnabrueck workers initiate strikes for better pay amidst fears of factory closure, while tensions with Porsche rise as production of key models shifts to Stuttgart.

investing.com • 06/11/2024 - 08:43 AM

VOWG_p

German factory sector catches breath in October after tough September, shows PMI

Germany's manufacturing sector showed slight improvement in October, with easing declines in output and orders, but concerns over job cuts and economic uncertainty persisted.

investing.com • 04/11/2024 - 08:59 AM

VOWG_p

VW cost cutting necessary after 'decades of structural problems', CEO tells paper

Volkswagen's CEO Oliver Blume emphasizes the necessity of a cost-cutting program due to structural problems, including factory closures and pay cuts, to remain competitive.

investing.com • 03/11/2024 - 08:52 AM

Germany stocks higher at close of trade; DAX up 0.92%

On Friday, German stocks rose, driven by strong retail and healthcare sectors. DAX gained 0.92%, with top performers including Sartorius and Siemens Energy, while Volkswagen hit a 3-year low.

investing.com • 01/11/2024 - 17:05 PM

VOWG_p

Bosch cuts revenue forecast for coming year, layoffs not ruled out

Bosch's chairman warns of upcoming revenue decline, potential job cuts, and calls for government support amid Volkswagen's profit dip and labor unrest in the auto industry.

investing.com • 31/10/2024 - 04:03 AM

Currency