Today: Turnaround for VW stock? | Why we might run out of gas in January
The gas storage association warns of the possible consequences of low filling levels. And: Analysts are looking at the VW share again with more optimism.
Germany's gas storage facilities were only 53% full as of September 1, according to the German Gas Storage Association INES, the lowest level for this time of year in 15 years. The association warns that if a very cold winter occurs, the storage facilities could be empty by the end of January 2027. The Volkswagen supervisory board has approved the company's restructuring plan, causing the stock to rise by over 7% at one point. The plan comes after a weeks-long dispute.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.