VLKPF News and Press, Volkswagen Ag Pfd Shs From 06/15/23

2023-06-15 10:36:43 ET Summary MicroVision has almost doubled its value this year, given improved clarity on its longer-term roadmap, reinforced by its recent acquisition of Ibeo Automotive Systems GmbH. Yet, MVIS stock's eye-popping intra-day declines and gains within the mere 24...

2023-06-12 12:11:15 ET Summary Volkswagen's reluctance to fully commit to electric vehicles (EVs) and in-house software development may hinder its long-term success in the EV market. The company's $200 billion investment in EVs over five years may be too little, too late, as compe...

2023-06-09 17:34:45 ET Summary Porsche Automobil Holding SE, which owns significant stakes in carmakers Volkswagen AG and Porsche AG, trades at a significant discount to its NAV. Based solely on the company's core holdings, Volkswagen and Porsche AG, Porsche SE has a NAV of Ȋ...

2023-06-06 10:26:25 ET Summary Global electric car sales April 2023 were up 70% YoY to 14% share. China sales up 93% YoY to 35% share. Europe up 25% YoY to 21% share. EV market news - China’s new emission rules pressure car dealers to clear stocks before July 1, 2023. Tesla...

2023-05-22 10:56:32 ET Summary Despite the EV buzz, Volkswagen's shares remain under the radar, with the stock trading at a trailing PE ratio of 4.83. The transition towards electric mobility is going well, with deliveries of EVs increasing 42% in Q1 2023. The supply chain iss...

2023-05-17 14:37:07 ET German outlet Handelsblatt reports that Volkswagen ( OTCPK:VWAGY ) is set to unveil a restructuring of its flagship brand to bolster cost-saving efforts. Per the report, the broad-reaching efforts to trim the fat could result in “at least Ȋ...

2023-05-15 08:00:00 ET Summary China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands. EVs have a 25% market share of new Chinese sales, and, except Tesla, Western manufacturers play almost no role here. ...

2023-05-10 06:24:08 ET Summary Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in fi...

2023-05-04 09:10:04 ET Volkswagen AG (VWAGY) Q1 2023 Earnings Conference Call May 03, 2023, 03:00 ET Company Participants Rolf Woller - Head, Group Treasury & IR Arno Antlitz - CFO & COO Conference Call Participants George Galliers - Goldman Sachs...

2023-05-02 16:18:27 ET Summary According to Bloomberg, Volkswagen has been the No. 1 selling brand in China for at least 15 years. That streak ended in Q1 of this year, with BYD leapfrogging Volkswagen in sales with a rather stunning increase in EV output over the past year. W...