Previous close | 141.60 |
Open | 140.00 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 140.00 - 140.00 |
52-week range | 107.10 - 160.00 |
Volume | |
Avg. volume | 19 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
Volkswagen (VWAGY) workers at the automaker's Chattanooga, Tennessee plant voted in favor of joining the United Auto Workers (UAW) labor union. On Market Domination, Autoblog Editor-in-Chief Greg Migliore talks about the various significances that can be found in the UAW's victory. "This opens up a whole new market of potential union members. There's factories that belong to Hyundai, Kia, Mercedes, Nissan... The Mercedes-Benz factory has a vote scheduled for May 13 [in Vance, Alabama]," Migliore says. "The success of the VW factory in Chattanooga, they had 73% of the workers approved it, taps into a broader mood of positive feelings for unions across the country right now." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
The United Auto Workers has made history by winning its first unionization vote at an auto factory in the U.S. South. Now it needs to prove the success wasn't a fluke by pulling off a second victory at a Mercedes plant in Alabama next month. UAW representatives at the VW plant also will have to show their mettle by negotiating a contract that gives workers what they have fought for - better benefits, improved safety on the job and a greater work-life balance.
Hourly workers at Volkswagen’s plant in Chattanooga, Tennessee overwhelming voted to join the United Auto Workers late Friday, a major breakthrough in the union’s effort to organize workers at plants nationwide.