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Volkswagen AG (VOWG_p.DE)

VOWG_p.DE on Xetra

147.14EUR
17 May 2019
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€-0.96 (-0.65%)
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Tue, May 14 2019

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Volkswagen wins worker backing for restructuring with $1.1 billion battery plan

BERLIN Volkswagen workers backed a restructuring of the world's largest carmaker on Tuesday after Chief Executive Herbert Diess pledged to spend 1 billion euros ($1.1 billion) on a new battery cell production plant near its headquarters in Lower Saxony. | Video

UPDATE 3-VW wins worker backing for restructuring with $1.1 bln battery plan

* VW to explore sale of MAN Energy Solutions (Recasts, adds detail about restructuring plans)

With help from Judge Breyer, VW signals multi-pronged defense in SEC case

The Securities and Exchange Commission had a tough go of it at a hearing Friday before U.S. District Judge Charles Breyer of San Francisco, who is overseeing the SEC’s securities fraud case against Volkswagen. It’s just not a good day for the government when a judge feels compelled to point out that the bird in your agency’s symbol is an eagle, “not a carrion hawk that simply descends when everything is all over and sees what it can get.”

Volkswagen will use Traton proceeds to internationalize truck business: CEO

BERLIN Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the "internationalization" of the division, Chief Executive Officer Herbert Diess said on Tuesday.

Volkswagen will use Traton proceeds to internationalise truck business - CEO

BERLIN, May 14 Volkswagen will use proceeds of an initial public offering of its Traton trucks unit to invest in the "internationalisation" of the division, Chief Executive Officier Herbert Diess said on Tuesday.

Volkswagen resumes preparations for truck unit IPO

BERLIN Volkswagen said on Monday it would resume preparations for an initial public offering (IPO) of its trucks unit Traton, which it put on hold in March due to volatile market conditions.

VW plans summer IPO of its Traton truck unit

Volkswagen AG said on Monday it plans an initial public offering of its Traton trucks unit before the 2019 summer break and will invest nearly 1 billion euros ($1.12 billion) in an electric vehicle battery cell plant in Europe.

Volkswagen to make batteries in Germany, slim down

BERLIN Volkswagen will invest almost 1 billion euros ($1.1 billion) in battery cell production at a facility in western Germany and is seeking to simplify the group by spinning off or selling units, the automaker said on Monday.

UPDATE 1-VW plans summer IPO of its Traton truck unit

May 13 Volkswagen AG said on Monday it plans an initial public offering of its Traton trucks unit before the 2019 summer break and will invest nearly 1 billion euros ($1.12 billion) in an electric vehicle battery cell plant in Europe.

UPDATE 1-Volkswagen to make batteries in Germany, slim down

BERLIN, May 13 Volkswagen will invest almost 1 billion euros ($1.1 billion) in battery cell production at a facility in western Germany and is seeking to simplify the group by spinning off or selling units, the automaker said on Monday.

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