VWAPY News and Press, Volkswagen AG ADR Repstg Pref Shs From 05/23/24

2024-05-23 09:21:40 ET Summary Porsche AG seemed ready to close the gap with Ferrari's stock. Yet, some challenges are making the stock plunge southward. In this article, we go over the latest financials and the main issues Porsche has to face. Why Porsche AG shares are ...

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...

2024-05-04 05:10:27 ET Summary No visible impact from Volkswagen's efficiency program yet; however, the company set aside €900 million in provisions for Q2. Positive news from the Chinese Capital Market Day. 40% cost reduction target and lower delivery time. The company...

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 ...

2024-04-30 02:14:29 ET More on Volkswagen From Dieselgate To EV Innovator: Volkswagen's Quest To Beat Tesla And Win Over China Volkswagen: Capacity For Upside Based On Encouraging ID. Model Performance Volkswagen: It Gets Worse Before It Gets Better Volkswage...

2024-04-27 08:00:00 ET Summary The UAW’s inroads into foreign carmakers’ U.S. plants mean that higher labor costs are spreading, though they should remain manageable. UAW has previously never succeeded in attempting to unionize southern assembly plants. Although ...