VW employees receive their bonus once again in full:
When VW presents its business results on Tuesday, it is important for every single employee: Because they ...
faz.net/aktuell/wirtschaft/unternehmen/vw-mitarbeiter-erhalten-praemie-noch-einmal-ungekuerzt-110346737.html
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VW employees receive once again: When VW presents its balance sheet for 2024 on Tuesday, the employees will also be watching with excitement ...
waz-online.de/lokales/wolfsburg/vw-beschaeftigte-erhalten-noch-einmal-SAQ2HXS5CFDHPNFDHMMKBTG2UI.html
Volkswagen: VW wants to pay the full employee bonus despite austerity measures: In recent years, VW employees have always received several thousand euros in ...
handelsblatt.com/unternehmen/industrie/volkswagen-vw-will-die-mitarbeiterpraemie-trotz-sparkurs-ungekuerzt-zahlen/100112578.html
Despite the austerity measures: VW employees will once again receive their full bonus
nwzonline.de/wirtschaft/vw-mitarbeiterpraemie-2024-bleibt-ungekuerzt_a_4,1,4294733469.html
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VW employees receive their bonus again in full: When VW presents its balance sheet for 2024 on Tuesday, employees will also be watching with excitement ...
pz-news.de/wirtschaft/wirtschaft-weltweit_artikel,-VW-Mitarbeiter-erhalten-Praemie-noch-einmal-ungekuerzt-_arid,2189837.html
VW employees receive their bonus again in full: The car manufacturer is presenting its balance sheet for 2024 this week - | this also influences the bonus ...
businessinsider.de/wirtschaft/vw-mitarbeitende-erhalten-praemie-noch-einmal-ungekuerzt/
VW employees receive bonus - | Change in bonus payment from 2026: On Tuesday, VW will present its balance sheet for 2024. The amount of the employee bonus also ...
stimme.de/leben/autostimme/bonus-zahlung-praemie-vw-volkswagen-hoehe-art-5031324
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VW plans to freeze salaries: Is Porsche also affected?: Volkswagen apparently plans to freeze the salaries of its approximately 660,000 employees worldwide until ...
stuttgarter-zeitung.de/wirtschaft/vw-will-gehaelter-bis-2030-einfrieren-waere-auch-porsche-betroffen-79589308.html
Key FactsVW pay freeze through 2030 could affect Porsche
Oct 20, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-zeitung.de
Summary created with AI assistance · Source: stuttgarter-zeitung.de
- According to the European and World Group Works Council, executives want to freeze pay for around 660,000 employees worldwide at 2026 levels through 2030.
- The works council explicitly names Audi, MAN and Porsche; their major German companies reportedly fall under metal and electrical industry agreements.
- Pay has not been bindingly frozen, the works council says; collective bargaining will continue through decentralized negotiations.
- With consumer prices rising similarly, employees could lose ten percent or more in purchasing power, the works council estimates.
absurd— The European and World Works Council (E/WKBR) called the plans 'absurd' in a statement, adding that a worldwide implementation is unlikely to be realistic.
Next recall at VW: Fire hazard in ID. models: After the steering bolt recall, VW faces further trouble: There is a battery fire hazard in ID ...
focus.de/auto/naechster-rueckruf-bei-vw-brandgefahr-bei-id-modellen_574faf6e-456a-4a26-8353-9e183179f013.html
,regionOfInterest=(524,363)&hash=4a4886f3d0ccd22986e675dd8e3852aa642d9809dddb5cf3aa34ec7bd95d0ecd)
EY analysis: VW, Mercedes, BMW lose revenue and profit: VW, Mercedes-Benz, and BMW slipped in the group rankings; EBIT fell to 13 billion euros; EY cites ...
n-tv.de/wirtschaft/EY-Analyse-VW-Mercedes-BMW-verlieren-bei-Umsatz-und-Gewinn-id31325739.html
Key FactsEY: German Automakers Lose Further Ground on Revenue, Profit
Sep 20, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: n-tv.de
Summary created with AI assistance · Source: n-tv.de
- In the first half, Volkswagen, Mercedes-Benz and BMW generated about €284 billion in revenue, 2.9 percent less than a year earlier.
- In EY’s ranking, the German manufacturers placed 16th, 17th and 19th; 15 companies increased revenue.
- Their EBIT fell 19.0 percent to €13.0 billion, reaching its lowest level since 2020.
- Their China sales fell 25 percent from January through June; China’s share of their global sales dropped from 28.9 to 23.5 percent.
Germany can only remain an auto nation if all parties swallow their pride and quickly and pragmatically address the structural disadvantages of the location.— Constantin Gall, EY industry expert, commenting on the profitability crisis of Germany's automotive industry.
Weak results at VW: Executive bonuses are at stake: Bad news for VW's top management: The German automaker could miss important targets for cash flow and ...
waz-online.de/lokales/wolfsburg/schwache-ergebnisse-bei-vw-vorstandsboni-stehen-auf-dem-spiel-QNZFVE66LNFYLLQ7LV3TNS5PP4.html
Porsche SE wants to profit more from the defense industry: Profits at VW and Porsche are falling. This is having an impact on the holding company Porsche SE ...
bnn.de/nachrichten/baden-wuerttemberg/porsche-se-will-staerker-von-ruestungsindustrie-profitieren
By 91 percent! Porsche results plummet completely in the second quarter: Sales decline in China, tariffs in the USA, a stalled e-offensive: Porsche has several ...
focus.de/finanzen/news/um-91-prozent-porsche-ergebnis-stuerzt-im-zweiten-quartal-komplett-ab_63f7248b-cb99-472e-be7f-4658d9d91a23.html
,regionOfInterest=(167,220)&hash=bba54d5520c650590fee588f066945e89a0dc1aa884451355bb0bd2d513ac5c8)
Key FactsPorsche operating profit drops nearly 91% in second quarter
Jul 25, 2025 · Reading time: ~45 sec.
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
Summary created with AI assistance · Source: stuttgarter-nachrichten.de
- In the second quarter, Porsche’s operating automotive profit fell to €154 million from about €1.7 billion.
- Brand revenue declined about 12.9 percent to just over €8.3 billion.
- The business was strained by weaker Chinese sales, US import tariffs, restructuring costs, and electric-mobility investments.
- Porsche plans to eliminate around 1,900 jobs in the Stuttgart region by 2029.
The structures are set to shrink, by 2029 the Porsche management plans to cut around 1,900 jobs in the Stuttgart region.— Oliver Blume, CEO of Porsche, informs about the planned job cuts.
Trump's tariff policy plunges car manufacturers into chaos: Profits at VW, Mercedes and Porsche slumped by around 40 percent in the first quarter ...
sueddeutsche.de/wirtschaft/zoelle-trump-vw-mercedes-gewinneinbruch-chaos-li.3244703
Paid articlePaywall What ruined Volkswagen's figures in the first quarter: The first quarter of 2025 was worse than expected for the Volkswagen Group. The company has now ...
waz-online.de/lokales/wolfsburg/was-volkswagen-im-ersten-quartal-die-zahlen-vermiest-LZLUVJN7YNG4DGEW54VJLWIXG4.html
VW shares significantly higher: Billions evaporate! VW profits plummet dramatically
finanzen.net/nachricht/aktien/vorlaeufige-zahlen-vw-aktie-fliegt-mit-dax-hoch-vw-verdient-operativ-deutlich-weniger-als-erwartet-sondereffekte-belasten-14381798
Porsche plans to enter the arms industry: The family holding company Porsche SE wants to establish a third pillar after the billions in write-offs at VW and ...
businessinsider.de/wirtschaft/porsche-plant-in-die-ruestungsindustrie-einzusteigen/
Executive Board Compensation: VW CEO Blume Earns €10.35 Million: Wolfsburg - | VW | and Porsche CEO Oliver Blume earned more last year despite foregoing salary ...
volksstimme.de/panorama/vw-chef-blume-verdient-10-35-millionen-euro-4013329
Škoda as the new star of the Volkswagen Group: The Volkswagen Group's profits slumped by more than 30 percent in 2024. The once leading brand, VW ...
diepresse.com/19458695/skoda-als-neuer-star-des-volkswagen-konzerns
Paid articlePaywall VW umbrella holding Porsche SE also sees a drop in profits: The holding company of the VW owner families Porsche and Piech only made a profit of 2 ...
diepresse.com/19064345/vw-dachholding-porsche-se-ebenfalls-mit-gewinneinbruch
Audi: The low point is also a warning sign for the VW brand: Audi has closed the third quarter with disastrous figures. Things could get tight for the Volkswagen ...
welt.de/wirtschaft/article254370474/Audi-Der-Tiefpunkt-ist-ein-Menetekel-auch-fuer-die-Marke-VW.html
Key FactsAudi Faces Profit Plunge in Third Quarter
Nov 5, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: waz-online.de
Summary created with AI assistance · Source: waz-online.de
- Audi's operating profit plummeted 91 percent to 106 million euros in the third quarter, mainly due to a decline in sales and significant provisions.
- The luxury brands Lamborghini and Bentley helped keep Audi out of the red, as the projected revenue decreased from 70 billion to 63-68 billion euros.
- CEO Gernot Döllner emphasized a focus on streamlined structures and efficiency, while maintaining a job guarantee until 2029.
- In the first nine months, sales dropped by 11 percent, and net profit was halved to 2.4 billion euros.
Savings plans determine VW wage round - | Profits collapse: The dispute over possible layoffs, plant closures and wage cuts is overshadowing the second round of ...
fr.de/wirtschaft/sparplaene-bestimmen-vw-tarifrunde-gewinn-bricht-ein-zr-93383862.html
Key FactsStruggles Over Jobs and Savings at VW
Oct 31, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: fr.de
Summary created with AI assistance · Source: fr.de
- The second wage negotiation round at Volkswagen is overshadowed by disputes over layoffs and wage cuts.
- VW plans to reduce tariff wages by ten percent and reported a 64 percent drop in profits from July to September.
- IG Metall has voiced strong criticism of the savings plans, emphasizing that plant closures and mass layoffs remain possible.
- The proposed wage concessions could save VW two billion euros, with the next negotiations scheduled for November 21.
VW's profits fall by 64 percent: Compared to the same period last year, profits fell by 42 percent to 2.9 billion euros. The net result fell even more ...
diepresse.com/19019975/gewinn-von-vw-bricht-um-64-prozent-ein
Key FactsVW Profit Plummets: Crisis from China Demand and Costs
Nov 1, 2024 · Reading time: ~30 sec.
Summary created with AI assistance · Source: diepresse.com
Summary created with AI assistance · Source: diepresse.com
- Volkswagen's profit dropped by 42 percent to 2.9 billion euros in the third quarter, with net income falling 64 percent to 1.6 billion euros.
- The declining demand in China and rising costs are severely impacting the main brand as well as Porsche and Audi.
- Volkswagen announced plans to close at least three plants in Germany, potentially leading to significant job losses, while negotiations on the company’s collective agreement continue.
- Lower Saxony's economic minister demands a plan to maintain plant locations without layoffs and emphasizes the need for incentives for electric vehicle purchases.
VW records a 63.7 percent drop in profits: Weak business in China, high costs here: In the midst of the escalating dispute between the board and employees ...
faz.net/aktuell/wirtschaft/unternehmen/vw-verzeichnet-einen-gewinneinbruch-um-63-7-prozent-110078644.html
Volkswagen: the decline of an automotive icon: The crisis at VW is coming to a head, on Wednesday dramatic figures for the third quarter were published: Net ...
diepresse.com/19021177/volkswagen-der-niedergang-einer-autoikone
Paid articlePaywall Volkswagen Group cuts forecast again: The results are weaker than expected, especially for the core brand VW cars, the group explains ...
faz.net/aktuell/wirtschaft/unternehmen/volkswagen-konzern-kappt-prognose-abermals-110014600.html
Salaries on the VW board: Herbert Diess earns more than Blume: VW's 2023 annual report shows: CEO Oliver Blume earned less than his predecessor.
businessinsider.de/wirtschaft/gehaelter-im-vw-vorstand-herbert-diess-verdient-mehr-als-blume/
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