Volkswagen

Volkswagen deliveries fall in 2024 amid intense competition in China By Investing.com

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Investing.com – Volkswagen (ETR: ) reported a cut in vehicle deliveries in 2024, driven in part by sluggish demand in China. Globally, Volkswagen delivered 9.03 million vehicles last year, down 2.3% from the previous year. While this figure increased in both North and South America, it was offset by a 10.3% decline in the Asia-Pacific … Read more

Volkswagen shares fall as markets struggles to digest unions deal By Reuters

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Volkswagen shares fall as markets struggles to digest unions deal By Reuters

By Ozan Ergenai and Andrei Sichev (Reuters) – Shares in Volkswagen ( ETR: ) fell 3% in early trade on Monday, with analysts citing uncertainty over the automaker’s cost-cutting deal with unions and likely backlash in 2025. Friday’s deal, hailed by unions as a “Christmas miracle,” calls for cutting more than 35,000 jobs and cutting … Read more