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2023-06-12 12:11:15 ET Summary Volkswagen's reluctance to fully commit to electric vehicles (EVs) and in-house software development may hinder its long-term success in the EV market. The company's $200 billion investment in EVs over five years may be too little, too late, as compe...
2023-06-09 17:34:45 ET Summary Porsche Automobil Holding SE, which owns significant stakes in carmakers Volkswagen AG and Porsche AG, trades at a significant discount to its NAV. Based solely on the company's core holdings, Volkswagen and Porsche AG, Porsche SE has a NAV of Ȋ...
2023-06-06 10:26:25 ET Summary Global electric car sales April 2023 were up 70% YoY to 14% share. China sales up 93% YoY to 35% share. Europe up 25% YoY to 21% share. EV market news - China’s new emission rules pressure car dealers to clear stocks before July 1, 2023. Tesla...
2023-06-02 07:41:04 ET Volkswagen ( OTCPK:VLKAF ) formally introduced a new electric version of the VW Bus for North America and Europe on Friday. The German automaker plans to sell the retro-looking ID. Buzz in North America after 2024 to fill a void after a two-decade hiatus of th...
2023-06-01 14:46:33 ET Summary Nissan's long-term fortunes have been negatively impacted by factors such as the CVT automatic transmission issue in the North American market. The company is attempting to pivot towards electric vehicles (EVs) to regain its reputation, with EV sales...
2023-05-22 10:56:32 ET Summary Despite the EV buzz, Volkswagen's shares remain under the radar, with the stock trading at a trailing PE ratio of 4.83. The transition towards electric mobility is going well, with deliveries of EVs increasing 42% in Q1 2023. The supply chain iss...
2023-05-17 14:37:07 ET German outlet Handelsblatt reports that Volkswagen ( OTCPK:VWAGY ) is set to unveil a restructuring of its flagship brand to bolster cost-saving efforts. Per the report, the broad-reaching efforts to trim the fat could result in “at least Ȋ...
2023-05-15 08:00:00 ET Summary China is the most important car market, about as big as the US and Europe combined. It is an essential market for several brands. EVs have a 25% market share of new Chinese sales, and, except Tesla, Western manufacturers play almost no role here. ...
2023-05-10 06:24:08 ET Summary Global electric car sales for March 2023 were up 28% YoY to 16% share. China sales up 23% YoY to 34% share. Europe up 29% YoY to 23% share. EV market news - EPA proposes auto pollution limits to aggressively boost EV sales. IEA says "nearly one in fi...
2023-05-04 09:10:04 ET Volkswagen AG (VWAGY) Q1 2023 Earnings Conference Call May 03, 2023, 03:00 ET Company Participants Rolf Woller - Head, Group Treasury & IR Arno Antlitz - CFO & COO Conference Call Participants George Galliers - Goldman Sachs...
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