VWAGY News and Press, Volkswagen AG ADR Repstg 1/10th Sh From 07/12/24

2024-07-12 12:44:53 ET It's been a monster week for QuantumScape (NYSE: QS) . The stock, which was down 22% this year until July 10, is now up 15% year to date as of this writing thanks to a massive development that sent it skyrocketing on Thursday. Shares of the electric ...

2024-07-11 17:15:05 ET Summary QuantumScape Corporation and Volkswagen have updated their joint venture agreement, boosting QS stock by 30%. Volkswagen is to pay QS $130 million upfront licensing fee for promising solid-state battery technology, though the production timeline is s...

2024-07-11 12:53:17 ET Shares of electric vehicle (EV) battery start-up Solid Power (NASDAQ: SLDP) were moving higher on Thursday after rival QuantumScape (NYSE: QS) announced a new deal with Volkswagen (OTC: VWAGY) . As of 11 a.m. ET today, Solid Power's...

2024-07-11 12:24:00 ET Summary June CPI numbers show largest monthly decline since May 2020, bringing annual CPI down to 3%. Core CPI rose 0.1% with annual rate dropping to 3.3%, lowest since April 2021. Delta Air Lines slides after cautious guidance, while PepsiCo posts mixed...

2024-07-10 10:00:00 ET In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down the recent (up to) $5 billion investment that Volkswagen (OTC: VWAGY) committed to electric car maker Rivian Automotive (NASDAQ: RIVN) . *Stock prices used were from th...

2024-07-09 16:54:19 ET Read the full article on Seeking Alpha For further details see: Volkswagen to consider closing Brussels Audi facility

2024-07-08 16:05:09 ET Summary We have concerns regarding the sustainability of the company's valuation due to the capital intensity of Tesla's business model, increasing competition in the market for EVs, and regulatory risks. Delays and uncertainty surrounding new products and t...

2024-07-07 12:24:15 ET Summary Volkswagen is significantly undervalued, with its investments in Porsche AG, Traton SE, and other premium brands effectively making its other assets, including Rivian, "practically free" for investors. The company is strategically investing in electr...

2024-07-05 11:06:45 ET Summary Rivian Automotive partners with Volkswagen, receiving billions in investment for a joint venture to counter Tesla and lower development costs. The deal with Volkswagen allows Rivian Automotive to address profitability concerns and potentially acceler...

2024-07-05 10:27:58 ET Summary Rivian investors enjoyed a remarkable surge spurred by the recent Volkswagen deal. However, the whole deal is predicated on achieving the required technological and financial milestones. It isn't "free money." Rivian is still a fundamentally weak...