Wednesday, April 7, 2010 as of 11:14 AM ET
Volkswagen (abbreviated VW) is a German automobile manufacturer and the original and biggest-selling marque of the Volkswagen Group, which now also owns the Audi, Bentley, Bugatti, Ducati, Lamborghini, SEAT, 49.9% of Porsche, Giugiaro, and Škoda marques and the truck manufacturer Scania.
Read More at Wikipedia ›WOLFSBURG, Germany -(Dow Jones)- Volkswagen AG's (VOW.
XE) top labor representative and deputy supervisory board chairman said Thursday he expects an agreement on staff taking a stake in the company to be reached soon."Talks are progressing well...we're close to an agreement," Bernd Osterloh told reporters. He declined to elaborate as a final decision hasn't been reached.Osterloh told Dow Jones Newswires in June 2011 that Volkswagen's labor unions want to take a voting stake of up to 3% in the company to safeguard workers' rights.A 3% voting stake would make Volkswagen employees the company's fourth-largest shareholder after Porsche Automobil Holding SE (PAH3.XE) with a 50.7% stake, the German state of Lower Saxony with just above 20% and Qatar Holding LLC with 17%.The deal would be based on a plan drafted in August 2009 after Volkswagen's labor unions in a joint effort with the company's management successfully averted a takeover launched by Porsche's former chief executive, Wendelin W...German automaker Volkswagen AG (VLKAY) is planning a GBP200 million, three-year bond, one of the banks running the deal said Tuesday.Initial price guidance is in the...
Porsche's strategic shift anticipates paying back debt-Porsche to adjust corporate statutes to keep its options open-Sale of remaining stake in sportscar unit worth ...
Czech car maker Skoda Auto AS, a unit of Volkswagen AG (VLKAY), said Thursday it sold 9.8% more vehicles in the first four months of this year than a year earlier, m...
Henkel AG & Co. KGaA (HEN.XE), maker of laundry detergents, beauty products and consumer and industrial glues, Wednesday said it was experiencing a recovery in the U...
Issuer: Volkswagen International Finance N.V., guaranteed by Volkswagen AG (VOW.XE)Issuer credit rating: A3/A-Reoffer Price: 99.378Coupon: 1.875%Spread: 65 basis poi...
Concern and fear got the upper hand on credit markets Wednesday as a political stalemate in Greece, which could lead to the country exiting the euro, continues to ra...
Volkswagen AG's (VOW.XE) Audi premium brand Wednesday said global sales rose 14% on the year to 125,200 cars, fueled by China, Germany and the U.S., marking the late...
Volkswagen AG (VOW.XE) said Tuesday global sales at its core VW passenger car brand rose 6.3% on the year in April to more than 456,200 vehicles, driven by demand in...
Brazil motor-vehicle sales fell in April as rising auto-loan defaults led to a constriction in auto credit, while output continued to decline on rising stockpiles an...
Porsche Automobil Holding SE (PAH3.XE) said Monday it posted a first-quarter profit after tax of EUR327 million as earnings worth EUR1.17 billion from its holdings i...
European stock markets opened lower on Monday after French President Nicolas Sarkozy lost to Socialist challenger FranÛois Hollande and Greek voters punished mainstr...
Executives at several European banks and insurers will be watching anxiously for signs of investor discontent at upcoming annual meetings, as a wave of "no" votes on...
SHENYANG, China -(Dow Jones)- BMW AG (BMW.XE) and its joint-venture partner Brilliance China Automotive Holdings Ltd. (1114.HK) will together invest an additional EU...
Volkswagen AG's (VOW.XE) Audi premium brand will invest around EUR1 billion in its new plant in Mexico, Audi Chief Executive Rupert Stadler is cited as saying by Ger...
There is no special formula to build a brand, but that doesn't mean there aren't certain things that businesses can do to help the process. According to Washington, ...
German car maker BMW AG (BMW.XE) is considering Hungary and Slovakia as possible locations for additional production capacity, German business newspaper Handelsblatt...
Change Maryland Chairman Larry Hogan on the state’s decision to increase taxes on those making more than $100K.
BMW AG (BMW.XE) Wednesday said it sticks to its sales and profit targets for 2012, but warned the European sovereign-debt crisis continues to bear risks for the glob...
German automaker Volkswagen AG (VLKAY) has priced its GBP250 million, three-year bond at 155 basis points over gilts, one of the banks running the deal said Tuesday....
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