P
P

Porsche

Trade Ideas

Traders Sentiment

Technical Summary

Hourly

News

Volkswagen: terminates three-shift production agreement at Zwickau plant

UPDATE 1-Volkswagen: terminates three-shift production agreement at Zwickau plant Adds details on Zwickau plant FRANKFURT, Sept 27 (Reuters) - Volkswagen VOWG_p.DE is currently negotiating a new production deal with workers at its all-electric plant in Zwickau, Germany, after terminating a long-standing three-shift agreement, the carmaker said on Wednesday.
P
V

Volkswagen to temporarily cut production of two EV models due to weaker demand -spokesperson

UPDATE 1-Volkswagen to temporarily cut production of two EV models due to weaker demand -spokesperson Adds further details paragraphs 2,3 FRANKFURT, Sept 26 (Reuters) - Volkswagen VOWG_p.DE will suspend production of ID.3 and Cupra Born electric cars at its Zwickau and Dresden plants in Germany in the first two weeks of October due to weaker demand, a spokesperson for the carmaker said on Tuesday.
P
T
V

Berlin takes closer look at sale of MAN gas turbine division to China

Berlin takes closer look at sale of MAN gas turbine division to China Munich, Sept 25 (Reuters) - The German government is taking a closer look at the sale of Volkswagen subsidiary MAN Energy Solutions' gas turbine division to a Chinese company, the German company said on Monday. A MAN Energy Solutions spokesperson said the economy ministry's in-depth review of the sale to Chinese state-owned CSIC Longjiang GH Gas Turbine Co (GHGT) had been expected.
P
V

Porsche Says Timo Resch To Be President And CEO Of Porsche Cars North America

BRIEF-Porsche Says Timo Resch To Be President And CEO Of Porsche Cars North America Sept 22 (Reuters) - Porsche Automobil Holding SE PSHG_p.DE : PORSCHE - TIMO RESCH TO BE PRESIDENT AND CEO OF PORSCHE CARS NORTH AMERICA PORSCHE- TIMO RESCH IS EXPECTED TO TAKE UP HIS NEW ROLE IN NOVEMBER 2023 Further company coverage: [PSHG_p.DE]
P

Stifel ups Volkswagen to 'buy' on cost-cutting opportunities

BUZZ-Stifel ups Volkswagen to 'buy' on cost-cutting opportunities ** Stifel ups Volkswagen VOWG_p.DE to "buy" from "hold" given cost-cutting opportunities, record negative sentiment and 30% share underperformance over one year ** The broker flags structural challenges and poor corporate governance affecting the German carmaker, with weak order inta
P
V

Conditions

Popular Assets

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

We are using cookies to give you the best experience on our website. Read more or change your cookie settings.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.