VWAPY News and Press, Volkswagen AG ADR Repstg Pref Shs From 06/26/24

2024-06-26 05:58:14 ET More on related stocks: Rivian soars after new joint venture partner Volkswagen invests $5B Watch for more auto shockers after Rivian landed Volkswagen as a major partner FedEx rips 10% gain after earnings beat, favorable guidance FedEx...

2024-06-26 03:42:26 ET Summary After the close of Tuesday's session, shares of electric vehicle manufacturer Rivian Automotive rallied by more than 50% following news of an initial $1 billion investment by Volkswagen. In addition, the companies intend to establish a 50:50 joint ve...

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. ...

2024-06-25 16:31:01 ET More on Rivian and Volkswagen Rivian: New Vehicles And Operational Improvement Could Signal A Turning Point Rivian: Upside Potential Worth The Risks Rivian Automotive, Inc. (RIVN) Deutsche Bank Global Auto Industry Conference European E...

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...

2024-06-20 09:39:50 ET Electric vehicle sales were down in May across most of Europe as government budget cuts and efforts to reduce the import of foreign-made EVs were reflected in a continental-wide drop of 12% from a year ago. ... Read the full article on Seeking Alpha For fu...

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%...

2024-06-06 05:35:00 ET Summary Tariffs on Chinese carmakers are becoming a hot topic in Europe, following the U.S. move last month to impose tariffs on imports of electric vehicles and batteries from China. Chinese EV makers have up to a 50% average price advantage over European m...

2024-05-23 17:27:23 ET Summary On May 1, 2024, Albemarle released financial results for the first quarter of 2024, which pleasantly surprised me. Ketjen segment revenue was $243.8 million in the first three months of 2024, an increase of 11.9%. On May 15, it was announced that...

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 ...