Volkswagen AG (VOW.DE)
| Previous close | 141.40 |
| Open | 140.30 |
| Bid | 141.30 x N/A |
| Ask | 141.50 x N/A |
| Day's range | 138.90 - 141.50 |
| 52-week range | 105.95 - 162.65 |
| Volume | |
| Avg. volume | 45,226 |
| Market cap | 67.032B |
| Beta (5Y monthly) | 1.26 |
| PE ratio (TTM) | 4.43 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | 9.00 (6.36%) |
| Ex-dividend date | 30 May 2024 |
| 1y target est | N/A |
- Yahoo Finance Video
How UAW, Volkswagen vote could give unions 'leverage'
The United Auto Workers (UAW) is seeking to expand its unionization efforts beyond the Detroit Big 3 automakers (STLA, GM, F). Workers at Volkswagen's (VOW.DE) plant in Tennessee are voting on unionization, a pivotal moment for the labor organization. Cornell University's Director of Labor Relations, Arthur Wheaton, provides insights into the significance of this development. Wheaton notes that the Volkswagen vote is crucial because if the UAW can increase the number of unionized autoworkers in the United States, "it gives them more leverage at the bargaining table." When asked about the potential impact of the Volkswagen vote on the spread of unionization to other automakers, Wheaton acknowledges that "the reality is it's going to take a lot more work" — cautioning against the expectation that "all of the other plants will immediately get majority people to say yes we want the Union." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith
- CNN Business
Volkswagen workers are voting on whether to join the UAW. The results could be felt nationwide
Renee Berry has been working at the Volkswagen plant in Chattanooga, Tennessee since 2010, shortly after it opened, long enough to see the majority of her co-workers twice vote against joining the United Auto Workers union. She thinks the third vote taking place this week will be different.
- Associated Press Finance
Tennessee Volkswagen workers vote on union membership in test of UAW's plan to expand its ranks
Ballots were being counted Friday night at a Volkswagen plant in Chattanooga, Tennessee, where the United Auto Workers union was optimistic it would win a vote to decide whether it will represent the factory’s 4,300 production workers. Union observers watching the vote count by the National Labor Relations Board reported that the union was winning 800 to 293 about an hour after voting ended. The tallies could not be independently verified by The Associated Press, and the NLRB said it would not release totals until all ballots were counted.
