Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans CNBCVW and workers lock horns over layoffs as profits plummet DW (English)Volkswagen’s employee council says the automaker plans to close at least 3 German plants The Associated PressVW faces strikes over 'Pandora's box' of plant closures as profits plunge ReutersVolkswagen stumbles in China as Germany's auto giants struggle to compete in the EV race Business Insider

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  • Volkswagen third-quarter profit slumps as major overhaul looms
    Volkswagen said on Wednesday its third-quarter operating profit plunged 42% as weak performance in the core passenger car unit and high costs, including for model revamps, hit the automaker. After ...
    10/29/2024 - 8:09 pm | View Link
  • Volkswagen profit plunges 42% in third quarter amid sweeping overhaul plans
    Operating profit fell to 2.86 billion euros ($3.1 billion), while third quarter sales revenues slipped 0.5% year on year to around 78.5 billion euros. The third quarter results come after Volkswagen ...
    10/29/2024 - 7:32 pm | View Link
  • Southwest settles proxy fight with hedge fund as Q3 profit shrinks. American loses money
    Southwest Airlines will replace several members of its board with candidates pushed by Elliott Investment Management to end a monthslong fight with the hedge fund.
    10/24/2024 - 6:40 am | View Link
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