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Investing.com -- Volkswagen (ETR:VOWG) is reportedly planning major layoffs as part of a major cost-cutting move aimed at reducing expenses by €4 billion. “As we understand it, this is the amount...
Investing.com -- Porsche 's (ETR:PSHG_p) stock inched up higher on Wednesday following a favorable shift in its outlook by Citi Research, which upgraded the luxury automaker to “buy” from...
Investing.com -- Porsche Automobil Holding SE (ETR:PSHG_p), a major shareholder in both Volkswagen (ETR:VOWG) and Porsche AG, has been downgraded to Hold from Buy by analysts at Stifel in a note...
Investing.com - European stock markets edged lower Monday, as investors prepared for important policy-setting meetings from both the U.S. Federal Reserve and the Bank of England. At 03:05 ET (07:05...
Investing.com - Volkswagen (ETR:VOWG_p) stock fell Wednesday after the German auto giant issued a profit warning, stating that it may also close a plant of its luxury brand Audi. At 06:05 ET (10:05...
The United Auto Workers (UAW) union said Tuesday that they have gained majority support from employees at Volkswagen (ETR:VOWG_p)'s Tennessee plant, marking a significant step in their effort to...
Germany's Handelsblatt newspaper reports Tuesday that German automaker, Volkswagen (ETR:VOWG_p) is planning to maintain its investments at approximately 180 billion euros ($193.59 billion) over the...
Citi Research reiterated their Buy rating on Volkswagen (ETR:VOWG_p) and raised their 12-month price target on the German automaker to $158.00 (From $146.00) after analysts say the company has...
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