VWAGY News and Press, Volkswagen AG ADR Repstg 1/10th Sh From 06/30/24

2024-06-30 09:30:00 ET Share prices of Rivian (NASDAQ: RIVN) surged higher after the maker of electric vehicles (EV) received a sizeable investment from German automaker Volkswagen (OTC: VWAGY) . Despite the recent price gains, the stock is still down nearly 43% in 2024. ...

2024-06-28 17:44:50 ET Summary Rivian Automotive, Inc. stock surged after Volkswagen's investment, settling around $14, above moving averages. The Volkswagen deal validates Rivian, reduces risks, and aids in production expansion and distribution. Investor day highlighted cost ...

2024-06-28 10:13:03 ET Summary Tesla, Inc. always raises huge discussions among investors and recently ignited once again a debate regarding its robotaxi unveil date. One of Tesla's largest investors - Cathie Wood's Ark Invest - has recently shared a piece of research suggesting T...

2024-06-28 04:58:49 ET Summary Management is aggressively cutting costs through its performance program and recently announced bullish 2030 profitability targets. Protectionism and deglobalization will protect Volkswagen from Chinese EVs. Concerns over Volkswagen's Chinese bus...

2024-06-27 14:27:19 ET Summary Lucid Group, Inc. investors reacted positively to the Volkswagen-Rivian joint venture news. Lucid recently had an almost 30% short-interest ratio, suggesting some short-covering could have occurred. Lucid already has a cornerstone backer: the Sau...

2024-06-27 09:17:08 ET Rivian Automotive (NASDAQ: RIVN) investors got some great news on Tuesday. Rivian and Volkswagen (OTC: VWAGY) announced they will form a joint venture (JV) that will marry Rivian technology to Volkswagen cash -- as much as $5 billion that Rivian can us...

2024-06-26 13:14:54 ET Shares of luxury electric car-maker Lucid Group (NASDAQ: LCID) leapt ahead 6.4% through 11:40 a.m. ET Wednesday on news that... doesn't directly affect Lucid at all. Last night, rival EV-maker Rivian Automotive (NASDAQ: RIVN) announced that Volks...

2024-06-26 13:12:42 ET Summary The Chinese market is increasingly dominated by domestic brands in the electric vehicle (EV) sector, posing a threat to Western manufacturers. This article provides an updated analysis of the EV market in China and the rest of the world, focusing on ...

2024-06-26 10:52:15 ET Summary Rivian Automotive, Inc. shares surged up to 50% after it announced that Volkswagen would invest $5.0B into the EV start-up. The Volkswagen deal significantly reduces liquidity and ramp-up risks for Rivian. Despite challenges in the EV market, Riv...

2024-06-26 07:50:53 ET More on Rivian Rivian Automotive: Upgrading On Volkswagen Investment And Proposed Joint Venture Rivian Surges On Miracle Deal Rivian: Thank You, Toyota! Biggest stock movers today: RIVN, FDX, TSHA Watch for more auto shockers af...