Volkswagen

Daniela Cavallo, chair of the works council at VW, openly criticized management at staff meetings and is demanding clarity instead of the previous cost-cutting messaging. She coordinates appearances with the Lower Saxony state government to prevent plant closures and layoffs for operational reasons and to seek follow-up solutions such as defense projects. Cavallo draws clear red lines against further cuts and is preparing with employee representatives for the next supervisory board meeting. » More on faz.net

Works council chief Daniela Cavallo openly criticized Volkswagen management at staff meetings and accused the CEO of a lack of transparency. She is mobilizing employees and seeking to join forces with Lower Saxony’s minister-president Olaf Lies to prevent plant closures and redundancies. Cavallo is drawing clear red lines against the planned cost-cutting program; the next supervisory board meeting to make decisions is scheduled for the end of next week. » More on faz.net

DZ BANK has reduced the fair value for Volkswagen (VW) from 95 to 75 euro and maintained its "hold" rating. Analyst Michael Punzet cites delays in development and the end of cooperations as reasons for a delayed launch of autonomous models and solutions. In addition, a strategic realignment at group and brand level is weighing on autonomous driving due to differing interests among the parties involved. The stock rose intraday but is down about 23.1 percent year-to-date in 2026. » More on finanzen.net