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2023-06-15 10:36:43 ET Summary MicroVision has almost doubled its value this year, given improved clarity on its longer-term roadmap, reinforced by its recent acquisition of Ibeo Automotive Systems GmbH. Yet, MVIS stock's eye-popping intra-day declines and gains within the mere 24...
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...
2023-05-22 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...
2023-05-02 16:18:27 ET Summary According to Bloomberg, Volkswagen has been the No. 1 selling brand in China for at least 15 years. That streak ended in Q1 of this year, with BYD leapfrogging Volkswagen in sales with a rather stunning increase in EV output over the past year. W...
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Volkswagen (OTCPK:VLKPF) has unveiled its Type 20 concept car, which marries its classic 1962 Microbus with today’s latest electronic technology. The new model was unveiled at the company’s Innovation and Engineering Center California in Belmont. It is unknown if this c...
After stellar Q3 results that initially boosted shares 5%, Volkswagen (OTCPK:VLKPF) stock has since declined. In the week following its results, shares of the German auto-maker have dropped a significant 8%. But with the launch of its brand-new, all-electric Volkswagen ID3, will...