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Stock Market & Financial Investment News

News Breaks
July 11, 2014
06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
The United Auto Workers announced the creation of a local union in Tennessee for employees at a Chattanooga Volkswagen facility, according to Reuters, citing a statement from UAW president Dennis Williams and a VW spokesman. The spokesman said that there was no contract or other formal deal between the vehicle manufacturer and the union at the moment. Reference Link
News For VLKAY From The Last 14 Days
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July 23, 2014
07:25 EDTVLKAYVW head addresses German employees regarding cost reductions, Reuters says
Volkswagen CEO Martin Winterkorn is planning to address workers at the car maker's largest facility in Germany as he aims to win their support for cost reductions at the firm's core VW brand, according to Reuters, citing two company sources. Winterkorn is aiming to reduce costs by $6.74B each year to streamline work processes at all levels of the brand. Reference Link
07:20 EDTVLKAYFiat head says VW tie-up never an option, Reuters says
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July 17, 2014
07:50 EDTVLKAYBiggest Fiat stakeholder denies possible VW acquisition, Bloomberg says
Fiat's (FIATY) largest stakeholder, the Agnelli family, said that there were no talks regarding a merger between the Italian car manufacturer and Volkswagen (VLKAY), according to Bloomberg, citing a spokesman for Exor, the Agnelli family's investment firm. Exor owns 30% of Fiatís shares and was responding to a report by Germanyís Manager Magazin. Reference Link
06:44 EDTVLKAYReport says VW in talks to buy Fiat, Reuters says
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July 15, 2014
09:14 EDTVLKAYVW CEO aiming for $6.8B in savings to boost profitability, Bloomberg says
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07:57 EDTVLKAYVolkswagen says new midsize SUV to be produced in Chattanooga, TN
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06:27 EDTVLKAYAutomakers backing U.S.-EU trade deal, NY Times reports
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July 14, 2014
09:16 EDTVLKAYVolkswagen poised to invest $900M in Tennesee facility, WSJ says
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06:31 EDTVLKAYVolkswagen expected to unveil details of new SUV for U.S. market, WSJ reports
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July 11, 2014
06:37 EDTVLKAYUnion creates branch for employees at VW facility, Reuters says
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