We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Volkswagen AG | TG:VOW | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.80 | 0.60% | 133.40 | 132.90 | 133.80 | 134.00 | 132.40 | 133.10 | 4,290 | 22:50:02 |
From May 2019 to May 2024
By Ben Foldy
Volkswagen AG is furloughing around 1,500 production workers from its assembly plant in Chattanooga, Tenn., as it stops production because of the new coronavirus pandemic, the company said Thursday.
The German automaker will stop paying its production workers on April 11. Employees will be eligible for unemployment benefits and still receive their first quarter and March bonuses, with the company covering the cost of workers' health care benefits, the company said.
VW joins other foreign auto makers, including Honda Motor Co., Nissan Motor Co. and BMW AG, in together furloughing tens of thousands of U.S. workers this week. Each has stopped North American production of new cars as measures taken to stop the virus have forced plants to close and kept buyers away from dealers' lots.
Write to Ben Foldy at ben.foldy@wsj.com
(END) Dow Jones Newswires
April 09, 2020 17:37 ET (21:37 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
1 Year Volkswagen Chart |
1 Month Volkswagen Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
