Analyst Price Targets — VWAGY
| Date | Analyst | Firm | Target | Price @ Post | Source | Headline |
|---|---|---|---|---|---|---|
| May 11, 2022 12:00 am | Joseph Spak | RBC Capital | $18.00 | $20.71 | TipRanks Contributor | Auto Stocks: Which Value Stock Will Out-Drive the Current Volatility? |
Latest News for VWAGY
Thorsten Gröger, IG Metall's chief negotiator at Volkswagen tells CNBC the union will fight to protect jobs, as the carmaker reportedly proposes shutting down four factories in Germany.
CEO Oliver Blume's plan to make company smaller and less German has sparked union and political outcry. “Detroit-ization'” is a new buzzword.
Finnish telecom equipment maker Nokia Oyj is set to rejoin the bluechip Euro STOXX 50 index a year after being dropped, while Volkswagen will be removed, index provider STOXX said in its annual review on Tuesday.
Volkswagen's management board plans to propose ending production at four German plants between 2031 and 2034, German business outlet WirtschaftsWoche reported on Tuesday.
Volkswagen's workers, management and political leaders must work together to minimise the impact of job and capacity cuts at Europe's biggest automaker and boost its competitiveness, the state leader of Saxony said.
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