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2023-05-12 06:11:47 ET Volkswagen Group ( OTCPK:VWAGY ) deliveries soared 39.4% Y/Y in April, bringing the total number of vehicles shipped worldwide that month to 720,200. The hike in deliveries was led by a 79% Y/Y surge in China to 255,700 cars. In Western Europe, deliverie...
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...
2023-05-08 11:42:23 ET Volkswagen ( OTCPK:VWAGY ) outlined plans to shuffle the leadership of its software subsidiary CARIAD, while also highlighting strong sales growth for Czech and Spanish sub-brands. On the software front, the board approved the accession of former Bentley manuf...
2023-05-08 09:04:52 ET Chinese EV leader BYD Company ( OTCPK:BYDDY ) is kickstarting production in Vietnam, according to Vietnamese officials. In a government statement released after a meeting between BYD founder Wang Chuanfu and Vietnamese Deputy Prime Minister Tran Hong H...
2023-05-05 06:30:37 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Now that we’re a few days into May and many electric vehicle ( EV ) manufacturers have released their April delivery numbers, investors have a better idea of the best EV stocks ...
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...
2023-05-04 08:35:57 ET Volkswagen ( OTCPK:VWAGY ) offered a mixed Q1 update on Thursday as revenue rose sharply, but operating profits were pulled in. The German automaker notched a 21.5% increase in revenue year over year to €76.2B, but noted a decrease in operating profit f...
2023-05-04 03:45:58 ET Volkswagen press release ( OTCPK:VWAGY ): Q1 Revenue of €76.2B (+21.5% Y/Y). Operating profit decreased year-on-year from €8.3 billion to €5.7 billion, operating margin stands at 7.5%. Overall deliveries continued ...
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...
2023-05-02 12:39:53 ET Summary Unlike China and Europe, the U.S. is a growth market for battery electric vehicles, or BEVs, with a very small number of significantly over-catered segments. Vehicle sales statistics indicate very strong trends by Tesla's BEV rivals: predominantly Lu...