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Volkswagen To Pay $4.3 Billion To Settle Diesel Scandal, Will Plead Guilty To Criminal Charges
Article By: Tyler Durden
Wednesday, January 11, 2017 4:24 AM EDT
Finalizing the settlement would mark a key milestone in Volkswagen’s effort to emerge from the scandal that erupted in Sept. 2015 after U.S. authorities uncovered the car maker’s efforts to deliberately cheat on emissions tests on diesel vehicles.
In this article: VLKAY
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Navistar Jumps Despite Weak Financial Report As Volkswagen Deal Nears
Article By: The Fly
Tuesday, December 20, 2016 5:15 PM EDT
Shares of truck maker Navistar International are rising despite reporting earnings earlier that missed analyst expectations on the top and bottom line.
In this article: NAV, VLKAY
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Euro In Historic Slide As Dollar Surge, Bond Rout Continues
Article By: Tyler Durden
Friday, November 18, 2016 7:15 AM EDT
While bond yields around the globe rose again, metals declined, European stocks advanced and futures were modestly in the red just shy of all time highs.
In this article: VLKAY, TSLA, SPY, SCTY, YUM Also: UUP, DAX, FXE
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Volkswagen To Cut Up To 30,000 Jobs, Reducing Headcount By 5%, Bloomberg Says
Article By: The Fly
Friday, November 18, 2016 7:00 AM EDT
The headcount reduction will come through attrition, and the automaker also agreed to refrain from forced layoffs until 2025.
In this article: VLKAY
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Third Order Effects: Auto Sales
Article By: Jeffrey P. Snider
Tuesday, October 4, 2016 1:20 PM EDT
Auto sales continue along with their “plateau”, being estimated at 17.8 million (SAAR) units sold in September.
In this article: F, GM, TM, NSANY, VLKAY, FCAU
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