Porsche AG P911

The European stock markets closed lower in Thursday trading as bond yields and oil prices surged whi

MIAMI, September 23, 2026--duPont REGISTRY Group Announces Investment from Tom Cabrerizo Family Office and the Launch of Elferspot Events Platform

The protests followed news of planned job losses, possible changes to production and the closure of factories across Germany's car industry.

Volkswagen (XTRA:VOW3) is back in focus after workers across Germany planned large protests over job security, just as the group cut its profit outlook and booked a sizeable Porsche related writedown. The sharp 5.6% one day share price decline and weaker short term momentum, with a 7 day share price return of 6.1% lower, sit against a 1 year total shareholder return that is down 9.7% and a 5 year total shareholder return that is 35.3% lower. This suggests pressure has been building rather...

The German carmaker now expects Group sales revenue of approximately €315bn for 2026, down from €321.9bn in 2025.

Volvo Cars has appointed Klaus Zellmer, current chief executive of Volkswagen's Škoda brand, as its next president and CEO, handing him the task of completing a turnaround at a carmaker whose shares have fallen by around 40% this year.View on euronews

Tens of thousands of workers across Germany plan to stage protests on Monday, seeking protection for jobs and factories. Employees at Volkswagen, which slashed its profit outlook late Friday, as well as Mercedes-Benz, BMW, Audi, Porsche and major suppliers, will take part in demonstrations at more than 280 events nationwide. Bloomberg's Elisabeth Behrmann reports.