VLKPF News and Press, Volkswagen Ag Pfd Shs From 06/25/24

2024-06-25 23:50:00 ET Summary Rivian Automotive shares surged after Volkswagen Group announced a $5 billion investment in the company through a joint venture. The investment will be made over time, with the first $1 billion installment expected in the final quarter of this year. ...

2024-06-20 18:25:20 ET Summary Volkswagen has faced challenges since the 2009 power struggle and 2015 emissions scandal, with the recent stock price drop due to industry disruption uncertainty. The company shares platforms to dilute costs, focusing on electrification through a new...

2024-06-10 10:26:26 ET Summary Global electric car sales in April 2024 up 25% YoY to 18% share. China sales up 27% to 44% share. Europe is up 11% to 20% share. USA is up 2.6% to 9.14%. EV market news - President Biden announces tariffs on Chinese EVs will increase from 25% to 100%...

2024-05-07 11:56:20 ET Summary Global electric car sales March 2024 up 3% YoY to 13% share. China sales up 29% to 43% share. Europe up 10% to 20% share. USA up 19% to 9.39% share. EV market news - EVs dominate the Beijing Auto Show 2024. IEA report: More than 1 in 5 cars sold glob...

2024-05-07 09:30:00 ET Summary Tesla's stock value is threatened by the smaller-than-expected overall EV market, causing concern for its future sales. Tesla's valuation is significantly overvalued according to a DCF model, even with generous growth assumptions. Tesla's positio...

2024-05-02 11:52:30 ET Summary Stellantis' share price has dropped by more than 24% in just over a month. The company's Q1 report was disappointing, leading to a further 10% decrease in the stock. We need to place the report in the right context, understanding Stellantis' prod...

2024-05-02 10:18:57 ET Summary Tesla, Inc.'s stock has underperformed the market over the last quarter, but investors should understand that it is a long-term play characterized by substantial short-term volatility. Tesla has an unmatched autonomous driving technology. It is expec...

2024-05-01 03:13:21 ET Summary The automobile industry is one that is vulnerable to external events and investor sentiment, both of which are highly volatile as of late. In the previous year, Volkswagen focused on restructuring and realigning its role in the automobile supply chai...

2024-04-30 09:35:30 ET Volkswagen AG (VWAGY) Q1 2024 Earnings Conference Call April 30, 2024 03:00 AM ET Company Participants Pietro Zollino - Head of Corporate Communications Rolf Woller - Head of Treasury and Investor Relations Arno Antlitz - CFO & COO ...

2024-04-07 04:43:13 ET Summary Global electric car sales Feb. 2024 up 3% YoY to 13% share. China sales down 9% to 33% share. Europe up 10% to 20% share. USA up 11% to 8.8% share.1. EV market news - Biden administration cracks down on gasoline-fueled cars. India cuts import taxes o...