VLKPF News and Press, Volkswagen Ag Pfd Shs From 09/08/23

2023-09-08 12:15:13 ET Summary Volkswagen has consistently lagged behind its industry peers in total returns over the past decade. Economic challenges in China, high interest rates affecting the demand for vehicle financing in Europe and the US, Germany's PMI contraction, create a...

2023-08-13 06:23:16 ET Summary 2Q23 revenue and gross margin met expectations and operating income surpassed expectations as Mobileye spent less operating expense than anticipated. Mobileye reiterated revenue guidance, while operating profit guidance was raised as the company dial...

2023-08-03 08:31:17 ET Summary Global electric car sales June 2023 up 38% YoY to 19% share. China sales up 28% to 38% share. Europe up 42% to 25% share. USA up 38% to 9% share. EV market news - China 6b emission standard started on July 1. China to bolster its economy. U.S. propos...

2023-07-28 12:30:40 ET Summary Volkswagen Group's Q2 profits were lower than expected due to negative effects of commodity hedging and increased competition in China. The company confirmed its 2023 financial outlook but slightly lowered its delivery estimates. Volkswagen signed tw...

2023-07-27 10:22:08 ET Volkswagen AG (VWAGY) H1 2023 Earnings Conference Call July 27, 2023 03:00 ET Company Participants Sebastian Rudolph - Head of Global Group Communications Rolf Woller - Head, Group Treasury & Investor Relations Oliver Blume - Chief Exec...

2023-07-23 21:25:42 ET Summary Actually the "bad news" is really good news as well, since they are affording a fantastic opportunity to buy on the cheap. How can we be having a new bull market when the best names could be falling? The rally is widening, other sectors are growing a...

2023-07-20 09:50:51 ET Summary Tesla, Inc.'s full self-drive has the potential to revolutionize transportation and future-proof the business (i.e., FSD, AI, Optimus, and Dojo), supporting a bullish outlook. Even at the current low levels, Tesla's gross profit margins are high...

2023-07-19 03:00:00 ET Summary Mercedes-Benz, Volkswagen, and Ferrari have a very strong dependence on Asian markets despite historic global appeal. Mercedes-Benz and Volkswagen have a deepening footprint in the U.S., primarily driven by increasing demand for its Electric Vehicles...

2023-07-18 14:46:48 ET Summary Honda Motor Co., Ltd. is a global manufacturer of automobiles, motorcycles, and power equipment. Honda has improved financially but is facing major issues commercially in the coming years, with growth expected to slow. The business has lost groun...

2023-07-17 10:06:00 ET Summary I am moving my Tesla rating back to "Sell" based on the reappearance of extreme overvaluations and excessive investor enthusiasm. A material price decline into 2024 is likely. Tesla's valuation is quite stretched compared to other tech giants, EV man...