At the close on September 4, 2026, VW stock finished at EUR 81.28 on the Hamburg exchange, up 3.7 pe

Volkswagen plans significant job cuts, with half affecting their German workforce, as reported by Lower Saxony Premier Olaf Lies.

Volkswagen AG’s board has approved a plan to eliminate an additional 50,000 jobs, but it is giving a reprieve to 4 plants that had been set to close.

Volkswagen AG’s board has approved a plan to eliminate an additional 50,000 jobs, but it is giving a reprieve to 4 plants that had been set to close.

Shares of Volkswagen AG rose by as much as 7% shortly after European markets opened on Friday. The company announced on Thursday that its board had unanimously approved a series of cost-cutting measures aimed at improving its financial performance.

VW stock is climbing after Volkswagen’s supervisory board approved the ambitious Future Plan 2030 wi

Volkswagen AG’s supervisory board backed a sweeping restructuring that calls for 50,000 additional job cuts, far fewer models and a smaller industrial footprint, giving chief executive officer Oliver Blume his clearest mandate yet to overhaul Europe’s biggest carmaker.The measures approved on Thursd

Volkswagen AG expects margin improvement in H2 and maintains a robust balance sheet supporting a ~6.5% dividend yield. Read why VWAGY stock is a strong buy.

The German car giant had indicated in July that it would need to make cuts to improve its financial future.