Latest News of SWAG
Volkswagen cuts 2024 outlook as car demand falters
Volkswagen cuts annual outlook due to weak performance, lowering profit margin and sales expectations. This follows other German carmakers like Mercedes-Benz and BMW revising forecasts due to declinin...
Volkswagen, Novartis could surprise in Q3 earnings season, UBS analysts warn
Analysts at UBS suggest that Volkswagen and Novartis may present negative surprises during the third quarter earnings season due to sectoral challenges. However, companies like International Consolida...
See These Adorable NFL Kids Sporting Their Dads' Team Swag
Tom Brady's retirement was celebrated by the New England Patriots where he played for 20 seasons. In 2023, he returned for a special ceremony at Gillette Stadium with his three kids, all sporting his ...
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SAIC Volkswagen says adjusting plant base "necessary"
By Reuters | 1 week agoHONG KONG (Reuters) - SAIC Volkswagen, responding to reports it would close its Nanjing plant, said on Saturday that adjusting its production base was "normal and necessary", Chinese media outlet ...
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Volkswagen Vows Open Mind As Contract Talks With UAW Begin
By Forbes | 1 week agoThe UAW begins contract negotiations with Volkswagen in Chattanooga, Tennessee after workers voted to join. UAW aims for raises and job security, while VW is open to proposals to achieve a competitive...
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Volkswagen, Porsche, Mazda among 100,000 vehicles recalled: Check car recalls here
By USA Today | 1 week agoCar recalls occur due to safety defects or non-compliance issues. The NHTSA has issued recalls for various car models like Volkswagen ID....
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Volkswagen may book up to $4.4 billion in provisions on capacity cuts, Jefferies says
By Reuters | 1 week agoBERLIN (Reuters) -Volkswagen may book up to 4 billion euros ($4.4 billion) in provisions for planned capacity cuts as early as the fourth quarter, analysts at brokerage Jefferies said in a note after ...
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Volkswagen may book 3-4 billion eur in provisions on capacity cuts, Jefferies says
By Reuters | 1 week agoFRANKFURT (Reuters) - Volkswagen may book billions of euros in provisions for planned capacity cuts as early as the fourth quarter, brokerage Jefferies wrote in a note after accompanying the carma...
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Matvei Michkov dazzles in Flyers rookie game: 'He's got that swag to him'
By The New York Times | 2 weeks agoMatvei Michkov's bond with Flyers' Riley Armstrong deepens as they break barriers. Michkov's extroverted nature shines as he connects with teammates and impresses on the ice, showcasing his talent and...
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Seahawks earn Mike Macdonald's first win after finding their 'swagger' on defense
By The New York Times | 2 weeks agoSeattle Seahawks celebrated their first win under head coach Mike Macdonald after defeating the Denver Broncos 26-20. Macdonald, known for his stoicism, emphasized team effort over individual recognit...
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As Volkswagen weighs its first closure of a German auto plant, workers aren't the only ones worried
By Yahoo! Finance | 3 weeks agoVolkswagen is considering closing factories in Germany to meet cost-cutting goals amid declining sales and competition in the car market. The move has sparked outrage and concern. The company must sel...
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Volkswagen union backs four-day week to avoid job losses
By Yahoo! Finance | 3 weeks agoGermany's largest union proposed a shorter workweek at Volkswagen to save jobs amid potential factory closures. The carmaker aims to make savings and transition to electric vehicles. Unions are in a b...
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For Volkswagen, the Bumpy Road to Electric Vehicles Starts to Hit Home
By Yahoo! Finance | 3 weeks agoVolkswagen faces pressure to close a plant in Germany due to struggles with profitability amid the shift to electric vehicles. The company seeks radical cost-cutting measures, prompting a battle with ...
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Volkswagen has 'a year, maybe two to turn around', financial chief warns
By The Guardian | 3 weeks agoVolkswagen expects to sell 500,000 fewer vehicles post-Covid, leading to plans to close German plants. Facing challenges in adapting to lower European car sales and increasing competition in electric ...
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Explainer-Volkswagen Law: the unique structure behind the German carmaker's labour clash
By Yahoo! Finance | 3 weeks agoVolkswagen's governance and ownership structure, influenced by its history and unique laws, has faced criticism. The company's complex ownership involves Porsche SE, Lower Saxony, and Qatar, impacting...