Volkswagen AG (VOWG_p.DE)
27 Feb 2015
* VW initiates management changes to back profitability push (Adds peers comparison, management changes)
FRANKFURT - Porsche Automobil Holding SE on Friday said the rising value of its stake in auto maker Volkswagen helped lift after tax earnings for 2014 to 3 billion euros ($3.36 billion).
FRANKFURT, Feb 27 - Porsche Automobil Holding SE on Friday said the rising value of its stake in auto maker Volkswagen helped lift after tax earnings for 2014 to 3 billion euros ($3.36 billion).
BERLIN, Feb 27 - Volkswagen stuck to its guidance for operating profit after posting record earnings last year on double-digit gains in sales of luxury Audi and Porsche models.
STUTTGART, Germany - Hedge funds seeking 1.2 billion euros ($1.4 billion) in damages from Porsche SE over its botched attempt to take over carmaker Volkswagen in 2008 look set to have their case dismissed, according to a German judge.
* Porsche still faces other damage claims in Germany (Adds comment from judge, Porsche lawyer and planned ruling date)
STUTTGART, Germany, Feb 26 - Hedge funds seeking 1.2 billion euros ($1.36 billion) in damages from Porsche SE over its botched attempt to take over carmaker Volkswagen look set to have their case dismissed, according to a German judge.
FRANKFURT, Feb 21 - Germany's Volkswagen has won approval from Thai authorities to build a manufacturing plant for fuel efficient cars near Bangkok after months of delays.
FRANKFURT - Volkswagen Group is set to elevate Matthias Mueller, head of its sportscar brand Porsche, to its management board next week, a source familiar with the matter said on Thursday.
DETROIT - Volkswagen AG said on Monday it had recognized a new group called the American Council of Employees to represent workers at its auto assembly plant in Chattanooga, Tennessee, in addition to the United Auto Workers.
Earnings vs. Estimates
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Volkswagen AG: Business description, financial summary, 3yr and interim financials, key statistics/ratios and historical ratio analysis.
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