The hanging game on the German stock market could continue. More and more companies publish in the new week’s quarterly results. Around a third of the 30 DAX companies can be seen in the books, including illustrious Names like Bayer and BASF , Volkswagen and Daimler or the Deutsche Bank . Above all, investors will … Read more
ROUNDUP: Corona crisis depresses VW sales – hope Economic stimulus package in China WOLFSBURG / BEIJING – The corona pandemic has the business of VW Group hit hard in the first quarter. To the largest reported significant losses as early as February Car manufacturers in the world also for March and the entire first Quarterly … Read more
After withdrawing the forecast for the year The Volkswagen Group publishes the corona pandemic on Friday (11:00 a.m.) its delivery figures for the first quarter. The world’s largest automaker had over on Thursday significant losses due to the crisis informed and none Annual forecast more confident. According to the preliminary figures from the first quarter, … Read more
According to key data for the first quarter of Volkswagen and the withdrawal of the outlook for 2020 the price initially gave way, then these losses but largely caught up again. Finally, the papers changed 2.3 percent to 118.92 euros. So they were in the Dax in fourth place of the biggest winners. At first … Read more
The German automaker and other companies want more in the Corona crisis Provide a hundred thousand respirators. The masks, some of them would have been used in the now dormant production and out own stocks, clinics, medical practices, Provided to health authorities and municipal authorities become. VW also wants with 3D printers Manufacture medical technology … Read more
KASSEL/WOLFSBURG (dpa-AFX) – Bei Volkswagen gibt es den ersten bestätigten Fall einer Coronavirus-Infektion in Deutschland. Ein Mitarbeiter des Standorts Baunatal bei Kassel sei nach der Rückkehr von einer privaten Reise positiv auf den neuen Erreger getestet worden, hieß es am Freitag aus dem Konzern. Er sei nun in häuslicher Quarantäne. Dem Mann gehe es gut, … Read more
The ongoing production problems in the new Golf 8 lead to violent resentment in the works council and in Parts of the Volkswagen workforce . Of the more than 100,000 planned units of the main model just under 8,400 during the startup last year Pieces were completed at the main plant in Wolfsburg. These numbers … Read more
The Volkswagen Group owned truck builder MAN want a report according to cut a sixth of his jobs. Be company-wide 6000 jobs are in acute danger, the “Handelsblatt” reported on Thursday citing group companies. He has this number Management communicated to the works council at a consultation meeting. The job cuts are said to be … Read more
DUSSELDORF (dpa-AFX) In the smoldering conflict between the Volkswagen Group and the supplier Prevent has the Wolfsburg car giant has another stage win won. The Higher Regional Court in Düsseldorf ruled on Wednesday that the extraordinary termination of a million dollar Delivery contract for the Hagen company Prevent TWB by the Volkswagen AG was lawful. … Read more
Given a drastic increase in am Coronavirus sufferers have the Dax on Thursday the Profits from the past two days completely returned. The Germany’s leading index fell 1.41 percent to 13 157.12 points. As on Wall Street’s attempt to recover failed, too German market prices in late trading are under even greater pressure. The MDax … Read more