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Volkswagen shares fall as markets struggles to digest unions deal

Volkswagen shares fell 3% as analysts expressed concerns over a recent cost-cutting agreement and headwinds anticipated for 2025 amid weak market conditions.

investing.com • 23/12/2024 - 11:06 AM

STOXX 600 inches lower at start of Christmas week; Novo Nordisk surges

European markets see mixed trends as Novo Nordisk's share surge offsets losses in travel and leisure sectors amid economic concerns and ECB predictions influencing investor sentiment.

investing.com • 23/12/2024 - 09:30 AM

Honda, Nissan set to announce launch of integration talks, sources say

Honda and Nissan will announce integration talks to create the world's third-largest auto group, amidst challenges from competitors and declining sales in key markets.

investing.com • 22/12/2024 - 23:57 PM

VOWG_p

VW managers to get 10% pay cut in plan to slash bonuses, German newspaper reports

Volkswagen managers will face pay cuts due to reduced bonuses, following a deal for job and production cuts affecting 35,000 jobs to avert mass strikes.

investing.com • 22/12/2024 - 14:47 PM

VOWG_p

VW reaches union deal to cut 35,000 German jobs after gruelling talks

Volkswagen announced 35,000 job cuts and capacity reductions in a deal with unions to prevent strikes, focusing on competitiveness amid challenging market conditions.

investing.com • 21/12/2024 - 21:28 PM

VOWG_p

Volkswagen to cut more than 35,000 jobs in Germany by 2030

Volkswagen will cut over 35,000 jobs in Germany by 2030, aiming for 15 billion euros in efficiency gains, as per an agreement with unions.

investing.com • 21/12/2024 - 21:27 PM

Honda and Nissan consider mutual production of vehicles, Kyodo reports

Honda and Nissan are exploring a collaboration, including vehicle production in each other's factories and a potential merger to enhance their competitiveness.

investing.com • 21/12/2024 - 07:01 AM

VOWG_p

VW, union agree to cut 35,000 jobs in Germany, avert strikes

Volkswagen plans significant job cuts and capacity reductions, reaching a deal with unions to prevent strikes. Reactions highlight hopes for competitiveness and the urgent need for economic reform.

investing.com • 20/12/2024 - 20:06 PM

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VWAGY

Factbox-The main points of Volkswagen's deal with unions on German sites and jobs

Volkswagen and unions agree to cut over 35,000 jobs in Germany by 2030, introduce job protection, and reduce production capacity amid declining demand.

investing.com • 20/12/2024 - 19:26 PM

VOWG_p

Volkswagen to cut more than 35,000 jobs in Germany by 2030

Volkswagen will cut over 35,000 jobs in Germany by 2030, aiming for 15 billion euros in efficiency gains while ensuring a socially responsible approach.

investing.com • 20/12/2024 - 18:16 PM

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