Volkswagen Restructuring Talks Crucial for Investors

Dow Jones09-02

1029 GMT - Volkswagen's Supervisory Board meeting Friday could prove consequential, not only for the company but for the broader European automotive industry, Deutsche Bank analyst Tim Rokossa writes. "German press reports suggest that three different restructuring proposals for the group's 2030 target picture remain under discussion: one from management, one from the Supervisory Board, and one backed by Lower Saxony." The outcome is critical for investors, Rokossa adds. Deutsche Bank says management must emerge from the process with both a clear mandate and the ability to act. In a fundamentally changed market environment, adapting the company to new realities is management's core responsibility, and the credibility of that mandate will be judged closely by capital markets, it adds. Shares fall 2.9%.

 

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