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Volkswagen AG

VOWG.DE

Latest Trade

121.25EUR

Change

2.55(+2.15%)

Volume

15,123

Today's Range

118.70

 - 

121.90

52 Week Range

99.16

 - 

185.00

As of on the XETRA ∙ Minimum 15 minute delay

Latest Developments

Volkswagen Postpones 2020 Annual General Meeting due to coronavirus

March 27 (Reuters) - Volkswagen AG <VOWG_p.DE>::VOLKSWAGEN POSTPONES ANNUAL GENERAL MEETING 2020.DUE TO THE COVID 19 PANDEMIC, THE ANNUAL GENERAL MEETING OF VOLKSWAGEN AG WILL NOT BE HELD AS PLANNED ON MAY 7, 2020, AND HAS BEEN POSTPONED TO A LATER DATE THIS YEAR.

Volkswagen Says Logistic Chains Should Not Be Disrupted For Long Time

March 27 (Reuters) - Volkswagen <VOWG_p.DE>::VOLKSWAGEN - LOGISTIC CHAINS SHOULD NOT BE DISRUPTED FOR A LONGER PERIOD OF TIME.VOLKSWAGEN - WE MUST COOPERATE WITH OUR GLOBAL SUPPLIERS TO ENSURE A PROBLEM-FREE PARTIAL SUPPLY AS SOON AS POSSIBLE.VOLKSWAGEN - IT WILL BE HARD AND TAKE LONG TO MAKE UP FOR PRODUCTION HALT, A LOT LONGER THAN THE CORONAVIRUS CRISIS ITSELF.

S&P Says COVID-19 Leads To Downgrades Of BMW And Daimler; Outlook On VW Now Negative

March 26 (Reuters) - S&P Global Ratings::COVID-19 LEADS TO DOWNGRADES OF BMW AND DAIMLER; OUTLOOK ON VW NOW NEGATIVE.LOWERING LONG-TERM RATINGS ON BMW; DAIMLER BY ONE NOTCH, WHILE REVISING OUTLOOK ON VW TO NEGATIVE.NEGATIVE OUTLOOKS INDICATE RISKS LINKED TO DURATION OF COVID-19 PANDEMIC & ITS IMPACT ON GLOBAL AUTO INDUSTRY & ON 3 AUTOMAKERS IN PARTICULAR.EXPECT VOLKSWAGEN, BMW, DAIMLER TO SEE STEEP DECLINE IN REVENUE, CASH FLOW THIS YEAR ON WEAK DEMAND DUE TO COVID-19 PANDEMIC.

Volkswagen Financial Services Says 2019 Operating Profit Up 13.3%

March 23 (Reuters) - Volkswagen Financial Services::OPERATIVE PROFIT 2019 UP BY 13.3% TO 2.96 BILLION EUR.WE EXPECT NEGATIVE IMPACT FROM CORONA CRISIS, CANNOT MAKE ANY STATEMENT ON HOW BIG. NO RELIABLE PROGNOSIS IS CURRENTLY POSSIBLE FOR 2020.PREPARING MEASURES FOR OUR LEASING CUSTOMERS TO HELP THEM DURING CORONA CRISIS.WE WANT TO SAVE 1.3 BILLION EUR BY 2025, ARE HOLDING ON TO THAT.

Germany's IG Metall Suspends Wage Talks With Metal And Electric Companies Due To Coronavirus

March 20 (Reuters) - thyssenkrupp AG <TKAG.DE>::GERMAN UNION IG METALL IN WESTERN STATE OF NORTH RHINE-WESTPHALIA SUSPENDS WAGE TALKS WITH COMPANIES IN METAL AND ELECTRIC INDUSTRY DUE TO CORONAVIRUS.GERMAN UNION IG METALL SAYS WAGE TALKS SUSPENSION IS AIMED TO REGULATE CURRENT ISSUES OF EMPLOYEES AND COMPANIES.GERMAN UNION IG METALL SAYS COLLECTIVE WAGE AGREEMENT TERMINATED ON MARCH 31, 2020 WILL CONTINUE TO APPLY.

Porsche FY Sales Rose By 11% To EUR 28.5 Bln

March 20 (Reuters) - Porsche Se <PSHG_p.DE>::AFTER SPECIAL ITEMS, PORSCHE AG'S OPERATING PROFIT IN FISCAL YEAR 2019 WAS € 3.86 BILLION.FY SALES ROSE BY ELEVEN PERCENT TO EUR 28.5 BILLION.

Volkswagen Donates Almost 200,000 Respiratory Masks For Public Health Care

March 20 (Reuters) - Volkswagen AG <VOWG_p.DE>::VOLKSWAGEN DONATES ALMOST 200,000 RESPIRATORY MASKS FOR PUBLIC HEALTH CARE.VOLKSWAGEN SAYS MASKS DONATION IS MADE IN CLOSE COORDINATION WITH FEDERAL MINISTER OF HEALTH JENS SPAHN.

Audi FY Operating Profit At EUR 4.5 Bln

March 19 (Reuters) - AUDI AG <NSUG.DE>::FY OPERATING PROFIT OF € 4.5 BILLION.FY FINANCIAL RESULT WAS EUR 713 MILLION (2018: EUR 831 MILLION).FY PROFIT BEFORE TAXES AT EUR 5,223 MILLION (2018: EUR 4,361 MILLION), UP 19.8 PERCENT.AUDI TRANSFORMATION PLAN (ATP) IS DELIVERING: ACCUMULATED €4.4 BILLION ALREADY ACHIEVED OF OVERALL €15 BILLION TARGET BY 2022.CURRENT FOCUS IS ON THE HEALTH OF OUR EMPLOYEES AND THEIR FAMILIES WORLDWIDE.TASK IS TO PROTECT THE COMPANY’S LIQUIDITY AND STABILITY AND TO STABILIZE CORE PROCESSES..SEES MAJOR CHALLENGES IN THE YEAR 2020.CORONAVIRUS IMPACT MAKES RELIABLE FORECAST FOR THE YEAR 2020 ALMOST IMPOSSIBLE AT PRESENT.NOT HOLDING AN ANNUAL PRESS CONFERENCE THIS YEAR.SHUTTING DOWN ITS PLANTS IN INGOLSTADT, NECKARSULM, BELGIUM, MEXICO AND HUNGARY IN A CONTROLLED MANNER BY THE END OF THIS WEEK.

Audi's Hungarian Unit To Hike Wages By 36% On Average Over The Next Three Years -Statement

March 18 (Reuters) - Audi's Hungarian unit VOWG_P.DE<NSUG.DE>::AUDI'S HUNGARIAN UNIT TO HIKE WAGES BY 36% ON AVERAGE OVER THE NEXT THREE YEARS -STATEMENT.THREE-YEAR WAGE DEAL WITH UNIONS TO TAKE EFFECT IN APRIL, 2020.WAGE DEAL ALSO INCLUDES INFLATION INDEXATION, UNESPECIFIED PACKAGE OF MEASURES TO PROTECT JOBS.

Volkswagen’s Porsche Suspends Production, Sees Very Challenging Year

March 18 (Reuters) - Porsche AG::AS FROM THE COMING WEEK, PORSCHE WILL SUSPEND PRODUCTION FOR AN INITIAL PERIOD OF TWO WEEKS.IN ADDITION TO PRIMARY PROTECTION OF WORKFORCE, BOTTLENECKS IN GLOBAL SUPPLY CHAINS NO LONGER ALLOW ORDERLY PRODUCTION.CO IS PREPARING FOR DECLINE IN DEMAND AND SECURING FINANCIAL STRENGTH WITH DECISIONS MADE.PARENT PLANT IN ZUFFENHAUSEN AND THE PRODUCTION LOCATION IN LEIPZIG WILL BE CLOSED FROM SATURDAY.CEO SAYS TOO EARLY FOR FORECASTS, BUT WHAT IS CLEAR IS THAT 2020 WILL BE VERY CHALLENGING YEAR.

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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