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Volkswagen AG (VOW.F)

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At close: April 25 at 4:26 PM GMT+2

U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions

Workers at auto plants in the South should be free to unionize without pressure from employers or anti-union governors, acting U.S. Labor Secretary Julie Su said Thursday, even as some southern states pass laws to inhibit organized labor. “That choice belongs to the worker, free from intervention, either by the employer or by politicians, free from retaliation and threats,” Su told The Associated Press in an interview Thursday in Atlanta. The United Auto Workers union vowed a broad campaign to organize southern auto assembly plants after winning lucrative new contracts in a confrontation with Detroit's automakers.

Associated Press Finance 13 hours ago

VWAPY
Conti accepts €100m dieselgate fine

Company says it will not lead to any significant additional impact on earnings

Just Auto 16 hours ago

VWAPY
VW China goes after younger buyers

Plans to "tap into new customer groups"

Just Auto 17 hours ago

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UPDATE 2-Volkswagen aims to keep China market share stable as price war rages

Volkswagen aims to keep its Chinese market share roughly stable until the end of the decade, the head of its China business said, betting heavy investment will support sales despite a raging price war with local electric vehicle (EV) rivals. The targets for 2030, including Volkswagen's ambition to take a share of around 15% of the Chinese car market in 2030 compared to 14.5% last year, underscores the challenges Europe's top carmaker faces in the world's biggest auto market.

Reuters yesterday

VWAPY
Volkswagen revamps its approach in China in bid to overtake upstart EV makers

As auto giant Volkswagen AG races to catch up with upstart Chinese competitors, it has drivers like 26-year-old Ren Yiling in mind. The digital features of her Zeekr 001, a European-designed electric car from China's Geely Holding Group, appeal to her. “I once sung karaoke in the car when travelling a long way with my family,” she said.

Associated Press Finance yesterday

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Volkswagen AG Unsponsored ADR (VWAGY) Gains But Lags Market: What You Should Know

In the most recent trading session, Volkswagen AG Unsponsored ADR (VWAGY) closed at $15.01, indicating a +1.14% shift from the previous trading day.

Zacks 2 days ago

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UAW moving quickly after VW organizing win, union president says

United Auto Workers (UAW) President Shawn Fain is moving quickly in the union's sweeping organizing push at U.S. plants across more than a dozen automakers after clinching an historic victory at a Volkswagen plant in Tennessee. "The win Friday breathes a lot of life into the organizing campaign everywhere," Fain told Reuters on Tuesday. The UAW has targeted organizing the nonunion U.S. plants of 14 automakers, setting aside $40 million for the effort.

Reuters 2 days ago

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VW hones in on manufacturing EV 'battery of the future' in Canada

Volkswagen hopes to produce solid-state batteries at St. Thomas plant

Financial Post 2 days ago

VWAPY
Volkswagen-UAW vote a 'watershed moment' for US labor unions

Volkswagen (VWAGY) workers at the automaker's Chattanooga, Tennessee plant voted in favor of joining the United Auto Workers (UAW) labor union. On Market Domination, Autoblog Editor-in-Chief Greg Migliore talks about the various significances that can be found in the UAW's victory. "This opens up a whole new market of potential union members. There's factories that belong to Hyundai, Kia, Mercedes, Nissan... The Mercedes-Benz factory has a vote scheduled for May 13 [in Vance, Alabama]," Migliore says. "The success of the VW factory in Chattanooga, they had 73% of the workers approved it, taps into a broader mood of positive feelings for unions across the country right now." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 3 days ago

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Canada aims to attract Honda and others with EV tax incentives

Liberals reportedly close to a deal that would make Ontario key EV manufacturing hub in North America

Financial Post 3 days ago

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VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly

Organizers are raring for “the real fight” after their win in Chattanooga, signaling a more adversarial dynamic than the automaker has known back at home.

The Wall Street Journal 4 days ago

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Democrats Upbeat After Sudden Wins on Ukraine Aid and Auto Workers

Biden is lagging behind in key polls but Democrats are hopeful that recent policy victories will set up a sharper contrast with Trump.

The Wall Street Journal 4 days ago

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Unions Take Aim at South After UAW Win

A successful drive at a VW plant in Tennessee has organizers eyeing gains in a fast-growing region that has historically been inhospitable to unions.

The Wall Street Journal 5 days ago

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VW Workers Vote to Join UAW in Historic Southern Win for Union

The victory at the Tennessee factory helped the union toward its goal of reversing declining membership by organizing foreign-owned factories.

The Wall Street Journal 5 days ago

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REFILE-After VW plant victory, UAW sets its sights on Mercedes in Alabama

The United Auto Workers has made history by winning its first unionization vote at an auto factory in the U.S. South. Now it needs to prove the success wasn't a fluke by pulling off a second victory at a Mercedes plant in Alabama next month. UAW representatives at the VW plant also will have to show their mettle by negotiating a contract that gives workers what they have fought for - better benefits, improved safety on the job and a greater work-life balance.

Reuters 5 days ago

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Volkswagen workers vote overwhelmingly to join the UAW, giving the union a groundbreaking win

Hourly workers at Volkswagen’s plant in Chattanooga, Tennessee overwhelming voted to join the United Auto Workers late Friday, a major breakthrough in the union’s effort to organize workers at plants nationwide.

CNN Business 6 days ago

VWAPY
How UAW, Volkswagen vote could give unions 'leverage'

The United Auto Workers (UAW) is seeking to expand its unionization efforts beyond the Detroit Big 3 automakers (STLA, GM, F). Workers at Volkswagen's (VOW.DE) plant in Tennessee are voting on unionization, a pivotal moment for the labor organization. Cornell University's Director of Labor Relations, Arthur Wheaton, provides insights into the significance of this development. Wheaton notes that the Volkswagen vote is crucial because if the UAW can increase the number of unionized autoworkers in the United States, "it gives them more leverage at the bargaining table." When asked about the potential impact of the Volkswagen vote on the spread of unionization to other automakers, Wheaton acknowledges that "the reality is it's going to take a lot more work" — cautioning against the expectation that "all of the other plants will immediately get majority people to say yes we want the Union." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

Yahoo Finance Video 6 days ago

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Volkswagen workers are voting on whether to join the UAW. The results could be felt nationwide

Renee Berry has been working at the Volkswagen plant in Chattanooga, Tennessee since 2010, shortly after it opened, long enough to see the majority of her co-workers twice vote against joining the United Auto Workers union. She thinks the third vote taking place this week will be different.

CNN Business 6 days ago

VWAPY
Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union

Employees at a Volkswagen factory in Chattanooga, Tennessee, overwhelmingly voted to join the United Auto Workers union Friday in a historic first test of the UAW’s renewed effort to organize nonunion factories. The union wound up getting 2,628 votes, or 73% of the ballots cast, compared with only 985 who voted no in an election run by the National Labor Relations Board. Both sides have five business days to file objections to the election, the NLRB said.

Associated Press Finance 6 days ago

VWAPY
Procter & Gamble earnings, Fed, Volkswagen: What to Watch

Procter & Gamble Company (PG) will report its fiscal third-quarter earnings the morning of Friday, April 19, with investors keeping a close eye on its product pricing and demand in China's consumer market. American Express (AXP) is also among companies set to report first-quarter results tomorrow. Chicago Fed President Austan Goolsbee will be delivering opening remarks at a conference on Friday. Lastly, Volkswagen (VWAGY) factory workers in Tennessee will vote on whether to unionize with the United Auto Workers (UAW) labor union. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 7 days ago

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Performance Overview

Return	VOW.F	DAX PERFORMANCE-INDEX
YTD	+16.20%	+6.96%
1-Year	-4.97%	+12.94%
3-Year	-39.76%	+17.26%

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Volkswagen AG (VOW.F)

U.S. labor secretary says UAW win at Tennessee Volkswagen plant shows southern workers back unions

Conti accepts €100m dieselgate fine

VW China goes after younger buyers

UPDATE 2-Volkswagen aims to keep China market share stable as price war rages

Volkswagen revamps its approach in China in bid to overtake upstart EV makers

Volkswagen AG Unsponsored ADR (VWAGY) Gains But Lags Market: What You Should Know

UAW moving quickly after VW organizing win, union president says

VW hones in on manufacturing EV 'battery of the future' in Canada

Volkswagen-UAW vote a 'watershed moment' for US labor unions

Canada aims to attract Honda and others with EV tax incentives

VW Works Closely With Unions in Germany, but UAW May Be Less Cuddly

Democrats Upbeat After Sudden Wins on Ukraine Aid and Auto Workers

Unions Take Aim at South After UAW Win

VW Workers Vote to Join UAW in Historic Southern Win for Union

REFILE-After VW plant victory, UAW sets its sights on Mercedes in Alabama

Volkswagen workers vote overwhelmingly to join the UAW, giving the union a groundbreaking win

How UAW, Volkswagen vote could give unions 'leverage'

Volkswagen workers are voting on whether to join the UAW. The results could be felt nationwide

Tennessee Volkswagen employees overwhelmingly vote to join United Auto Workers union

Procter & Gamble earnings, Fed, Volkswagen: What to Watch

Performance Overview