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Workers criticize Volkswagen chief Blume over false statements and termination of collective agreements
IG Metall and the works council accuse Oliver Blume of using false statements about vacation entitlements and employees' consent to fuel a "debate about envy" and thus to justify the austerity drive. After the termination of almost all collective agreements the conflict is intensifying; the union and works council call Blume's account a deliberate distortion of the facts and criticize his disrespectful treatment of employees. Points of contention include the actual number of vacation days, the conversion of extra pay into days off, and who is responsible for the decision to revise the collective agreements. » More on n-tv.de
conflict between VW and IG Metall escalates after termination of almost all collective agreements
IG Metall accuses VW chief Oliver Blume of "outrageous false statements" and criticizes him for, among other things, falsely portraying employees as having unusually generous vacation entitlements. Blume had terminated almost all collective agreements to push for further job cuts, a move the union and works council reject. Works council chair Daniela Cavallo stresses that the employee side did not agree to massive job cuts and warns of political risks. » More on sueddeutsche.de
Volkswagen works council and IG Metall accuse CEO Blume of twisting the facts
After the termination of ten collective agreements — including the master collective agreement — works council chair Daniela Cavallo and IG Metall criticize statements by CEO Oliver Blume as a misrepresentation of events. Blume had said the world had changed and that the employee side had demanded a review; the union and works council deny this and stress they only invoked a negotiation clause for reviews. The dispute intensifies the already strained trust between co-determination bodies and the board against the backdrop of a savings plan that could include tens of thousands of job cuts. » More on manager-magazin.de
Historical dividends Dividends
All dividend metrics All metricsFinancials
| (EUR) | June 2026 | YoY |
|---|---|---|
| Revenue | 82.44bn | 2.03% |
| Gross profit | 12.45bn | 8.47% |
| Net profit | 1.34bn | 42.53% |
| EBITDA | 12.89bn | 6.27% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €37.45bn |
Number of shares | 508.72m |
52-week high/low | €114.40 - €70.29 |
Dividend yield | 7.59% |
Dividends TTM | €5.20 |
Beta | 0.98 |
P/E ratio | 6.67 |
PEG ratio | -0.17 |
P/B ratio | 0.19 |
P/S ratio | 0.11 |
Company profile
Die Volkswagen AG produziert und vertreibt Automobile hauptsächlich in Europa, Nordamerika, Südamerika und im asiatisch-pazifischen Raum. Das Unternehmen ist in vier Segmenten tätig: Personenkraftwagen und leichte Nutzfahrzeuge, Nutzfahrzeuge, Power Engineering und Finanzdienstleistungen. Das Segment Pkw und leichte Nutzfahrzeuge entwickelt Fahrzeuge, Motoren und Fahrzeugsoftware sowie leichte Nutzfahrzeuge und produziert und vertreibt Pkw und zugehörige Teile. Das Segment Nutzfahrzeuge entwickelt, produziert und vertreibt Lkw und Busse und bietet Teile und damit verbundene Dienstleistungen an. Das Segment Power Engineering bietet Großdieselmotoren, Turbomaschinen und Antriebskomponenten an. Das Segment Finanzdienstleistungen bietet Händler- und Kundenfinanzierung, Leasing, Bank- und Versicherungsdienstleistungen, Flottenmanagement und Mobilitätsdienstleistungen an. Das Unternehmen bietet auch Motorräder an. Es bietet seine Produkte unter den Marken Volkswagen Pkw, Audi, ŠKODA, SEAT, Bentley, Porsche, Volkswagen Nutzfahrzeuge, Scania, MAN, Lamborghini, Ducati und Bugatti an. Die Volkswagen AG wurde 1937 gegründet und hat ihren Sitz in Wolfsburg, Deutschland. Die Volkswagen AG ist eine Tochtergesellschaft der Porsche Automobil Holding SE.
| Name | Volkswagen |
| CEO | Oliver Blume |
| Headquarters | Wolfsburg,
ni Germany |
| Website | |
| Sector | Consumer Discretionary |
| Industry | Automobiles |
| IPO | 29/03/1995 |
| Employees | 662,942 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Pnk | VLKAF |
XETRA | VOW.DE |
Frankfurt | VOW.F |
DĂĽsseldorf | VOW.DU |
Hamburg | VOW.HM |
London | 0P6N.L |
SIX | VOW.SW |
MĂĽnchen | VOW.MU |