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German government welcomes Volkswagen labor agreement

Fri, 04 Sep 2026 07:00:47 -0400

Investing.com -- The German government on Friday welcomed an agreement between Volkswagen's supervisory board and workers that prevented a conflict between major stakeholders.

A government spokesperson said the deal demonstrates that cooperation between employers and employees remains effective. The spokesperson added that authorities fully support the compromise reached between the two parties.

How crucial is the VW restructuring vote at the Supervisory Board on Friday?

Thu, 03 Sep 2026 16:00:00 -0400

Citi highlighted the significance of Volkswagen's restructuring vote at Friday's supervisory board meeting in a note this week, arguing the German carmaker has few operational levers left to pull as it confronts uncompetitive domestic plants.

"Either VW cuts costs, or it loses market share," the bank told investors, adding that the plants were made unviable, less by the company than by decades of German industrial and energy policy, EU trade and emissions rules, and subsidized Chinese competition and exports.

Citi said Volkswagen has not been a volume loser outside China but sees little room to grow, with its 26% EU market share

How crucial is the VW restructuring vote at the Supervisory Board on Friday?

Thu, 03 Sep 2026 16:00:00 -0400

Citi said Volkswagen has not been a volume loser outside China but sees little room to grow, with its 26% EU market share

Volkswagen plans to cut 50,000 jobs by 2030, shares gain

Thu, 03 Sep 2026 15:17:20 -0400

Investing.com -- Volkswagen announced Thursday it will cut approximately 50,000 jobs as part of its strategic plan through 2030. The cuts are based on a company-wide survey of future staffing requirements.

The automaker set a financial target of achieving a 9% operating return on sales by 2030, which equals an operating profit of about €31 billion. The company plans to invest €135 billion from 2027 to 2031.

The Supervisory Board asked the Group Executive Board to create a new model for decision-making and group structure at Volkswagen Group.

Volkswagen said competitive production cannot currently be guaranteed for its plants in Emden, Zwickau, Hanover,

Volkswagen plans to cut 50,000 jobs by 2030

Thu, 03 Sep 2026 14:54:36 -0400

Investing.com -- Volkswagen outlined plans today to reduce its workforce by approximately 50,000 positions as part of its 2030 strategic plan. The workforce adjustment is based on a group-wide survey examining future staffing needs.

The Supervisory Board requested the Group Executive Board to develop a model for an advanced decision-making and group structure for Volkswagen Group.

The company set a key financial target of achieving an operating return on sales of 9% by 2030. This target corresponds to an operating profit of around €31 billion.

Volkswagen plans to invest €135 billion over the planning period from 2027 to 2031.

The Supervisory Board noted that

Volkswagen AG: supervisory board approves comprehensive future plan for Volkswagen Group

Thu, 03 Sep 2026 14:34:47 -0400

Volkswagen AG: supervisory board approves comprehensive future plan for Volkswagen Group

Volkswagen plans to close four German plants by 2034, report says

Tue, 01 Sep 2026 10:02:22 -0400

Investing.com -- Volkswagen's management board intends to recommend shutting down four manufacturing facilities in Germany over an eight-year period starting in 2031, according to a report from WirtschaftsWoche on Tuesday.

The closures would begin with the Emden and Zwickau plants in 2031, the German business publication reported, citing a supervisory board document. The Hanover facility would follow in 2032, with the Neckarsulm plant scheduled for closure in 2034.

The supervisory board is scheduled to convene on Friday.

Volkswagen CFO says no economically viable production plans at four sites

Mon, 31 Aug 2026 06:44:22 -0400

Investing.com -- Volkswagen's chief financial officer said today that the company lacks economically viable production plans for four German facilities after current products end in the early 2030s.

Arno Antlitz delivered the warning during a visit to the Hanover plant ahead of a board meeting this week. He cited significant cost disparities compared to other European plants as the main obstacle.

The CFO stated that plant closures remain the costliest option and the last resort for the company. He said Volkswagen will do everything possible to protect jobs and industrial value creation at its sites, including Hanover.

Antlitz warned that continuing production at

Volkswagen workers voice opposition to possible plant closures

Tue, 25 Aug 2026 06:26:28 -0400

Investing.com -- Volkswagen labor leader Daniela Cavallo told workers on Tuesday that confidence in CEO Oliver Blume has been damaged during restructuring discussions, though she said the damage is not beyond repair.

Cavallo addressed more than 10,000 workers at an extraordinary assembly at the carmaker's main plant in Wolfsburg, with Blume also present. The gathering was held to oppose possible plant closures.

"The German factories belong to the Volkswagen Group. They are an integral part," Cavallo said, according to excerpts shared by the works council.

"Our trust in this company's executive board, and especially in its CEO Oliver Blume, has been damaged. Not

Volkswagen CEO says overhead costs exceed rivals by over 30%

Fri, 21 Aug 2026 10:34:26 -0400

Investing.com -- Volkswagen CEO Oliver Blume said today that the German automaker's overhead costs are more than 30% higher than comparable companies, according to an internal company interview.

Blume stated that the frequently cited figure of around 50,000 jobs worldwide is not a fixed target but reflects the scale of action needed to meet cost objectives relative to competitors. The cost disadvantage amounts to about 50,000 positions, which provides broad orientation rather than serving as a cutback target.

"This is not a crisis for VW, but a crisis affecting the entire motor industry," Blume said in the internal interview.

The CEO said Volkswagen

Volkswagen expects India partner deal this year, Skoda CEO says

Wed, 19 Aug 2026 07:06:11 -0400

Investing.com -- Volkswagen expects to sign an agreement with a local partner in India this year, according to Klaus Zellmer, CEO of its Skoda brand. The German automaker continues to work toward building larger operations in the world's third-largest car market.

Skoda manages the group's strategy in India, where Volkswagen is in talks about a joint venture with JSW, India's steel-to-autos group. JSW has indicated it wants a majority stake in any potential partnership.

Zellmer said Wednesday that Volkswagen is in discussions with an unnamed partner and expects to complete a deal this year. The statement provides the clearest sign yet that

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR120 at RBC Capital

Fri, 14 Aug 2026 08:46:36 -0400

RBC Capital analyst Tom Narayan lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR120.00 (from EUR121.00) while maintaining a Outperform rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR120 at RBC Capital

Fri, 14 Aug 2026 08:46:36 -0400

RBC Capital analyst Tom Narayan lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR120.00 (from EUR121.00) while maintaining a Outperform rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR120 at RBC Capital

Fri, 14 Aug 2026 08:46:36 -0400

RBC Capital analyst Tom Narayan lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR120.00 (from EUR121.00) while maintaining a Outperform rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR120 at RBC Capital

Fri, 14 Aug 2026 08:46:36 -0400

RBC Capital analyst Tom Narayan lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR120.00 (from EUR121.00) while maintaining a Outperform rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR100 at Berenberg

Wed, 29 Jul 2026 05:29:23 -0400

Berenberg analyst Romain Gourvil lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR100.00 (from EUR113.00) while maintaining a Buy rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR100 at Berenberg

Wed, 29 Jul 2026 05:29:23 -0400

Berenberg analyst Romain Gourvil lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR100.00 (from EUR113.00) while maintaining a Buy rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR100 at Berenberg

Wed, 29 Jul 2026 05:29:23 -0400

Berenberg analyst Romain Gourvil lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR100.00 (from EUR113.00) while maintaining a Buy rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR100 at Berenberg

Wed, 29 Jul 2026 05:29:23 -0400

Berenberg analyst Romain Gourvil lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR100.00 (from EUR113.00) while maintaining a Buy rating.

Volkswagen and Gotion reportedly in talks over stake in Spain battery plant

Mon, 27 Jul 2026 10:02:14 -0400

Investing.com -- Volkswagen and its partner Gotion are in advanced discussions about a possible stake for the Chinese company in the German automaker's battery plant in Valencia, Spain, according to a report from Spanish trade publication La Tribuna de Automocion on Monday.

The discussions have included high-level visits from Gotion CEO Li Zhen to assess the operation, the publication reported, citing industry sources.

The Valencia facility is operated by PowerCo, Volkswagen's battery business unit. The plant is expected to start production at the end of the year and gradually increase its output.

"PowerCo regularly evaluates strategic opportunities, including potential collaborations with partners," the

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR115 at Deutsche Bank

Mon, 27 Jul 2026 04:49:58 -0400

Deutsche Bank analyst Tim Rokossa lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR115.00 (from EUR120.00) while maintaining a Buy rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR115 at Deutsche Bank

Mon, 27 Jul 2026 04:49:58 -0400

Deutsche Bank analyst Tim Rokossa lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR115.00 (from EUR120.00) while maintaining a Buy rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR115 at Deutsche Bank

Mon, 27 Jul 2026 04:49:58 -0400

Deutsche Bank analyst Tim Rokossa lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR115.00 (from EUR120.00) while maintaining a Buy rating.

Volkswagen AG (VOW:GR) (VWAGY) PT Lowered to EUR115 at Deutsche Bank

Mon, 27 Jul 2026 04:49:58 -0400

Deutsche Bank analyst Tim Rokossa lowered the price target on Volkswagen AG (VOW:GR) (OTC: VWAGY) to EUR115.00 (from EUR120.00) while maintaining a Buy rating.

German minister suggests higher EU tariffs on Chinese cars

Thu, 16 Jul 2026 10:04:10 -0400

Investing.com -- A German state minister called for the European Union to consider higher tariffs on cars manufactured in China as a way to encourage Chinese automakers to form partnerships with European companies like Volkswagen.

Dirk Panter, economy minister in the eastern state of Saxony, told the Bild newspaper on Thursday that the EU needs to consider imposing higher tariffs on Chinese-made cars. Saxony is home to a Volkswagen plant.

The comments come after Volkswagen threatened to close four German factories in the coming years, including the all-electric Zwickau plant in Saxony, if no other solution is found.

Volkswagen CEO Oliver Blume has