Volkswagen getting closer to deal with labour leaders in bid to avert strike, sources say [Globe and Mail, The (Toronto, Canada)]
PORSCHE AUTOMBL UNSP/ADR (POAHY)
NASDAQ:AMEX Investor Relations:
porsche-se.com/en/investor-relations
Company Research
Source: Globe and Mail, The
Log in or create a free account to listen to this article. Volkswagen is getting closer to a deal with labour leaders in the company's longest negotiations over pay and jobs, sources told Reuters on Friday, as Europe's largest carmaker tries to push through cost cuts and avert mass strikes. Volkswagen has been in talks with labour representatives since September over measures it says are necessary for it to compete with cheaper Chinese rivals, lacklustre demand in Europe and slower-than-expected adoption of electric vehicles. Around 100,000 workers have already staged two separate strikes in the past month, the largest in Volkswagen's 87-year history, protesting against plans to cut wages, reduce capacity and potentially shut German plants for the first time. The fifth round of negotiations has been under way since Monday and continued deep into the night at a hotel in Hanover this week, with negotiators only taking short breaks to sleep and fuelling up on coffee, curried sau
Show less
Read more
Impact Snapshot
Event Time:
POAHY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
POAHY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
POAHY alerts
High impacting PORSCHE AUTOMBL UNSP/ADR news events
Weekly update
A roundup of the hottest topics
POAHY
News
- VW, union agree to cut 35,000 jobs in Germany, avert strikes [Yahoo! Finance Canada]Yahoo! Finance Canada
- Volkswagen owner Porsche SE expects billions of euros in write-downs [Yahoo! Finance]Yahoo! Finance
- Porsche Automobil Holding SE (OTCMKTS: POAHY) was downgraded by analysts at UBS Group AG from a "hold" rating to a "strong sell" rating.MarketBeat
- From the lab to the market: These four U of T startups are solving global challenges with innovative solutions [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Explainer-Volkswagen Law: the unique structure behind the German carmaker's labour clash [Yahoo! Finance Canada]Yahoo! Finance Canada