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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 ...
2024-04-25 11:39:45 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips For multiple reasons, the outlook of luxury electric vehicle maker Lucid Motors (NASDAQ: LCID ) has greatly improved in recent months. First, there’s a great deal to like...
2024-04-23 18:15:28 ET Summary Sales growth of electric vehicles is slowing down significantly, with EV stock prices plummeting and revenue declines for certain companies. Tesla, once the undisputed champion, misses earnings significantly amid challenges such as tough competition,...
2024-04-22 10:47:30 ET To lower costs, Adient ( NYSE: ADNT ) will restructure its European businesses by cutting its workforce and moving positions to countries with lower labor costs. The measures are a result of increased competition in the sector and structural changes in the Eur...
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2024-07-25 04:53:00 ET While share prices of Rivian (NASDAQ: RIVN) remain down on the year, a spate of good news has helped the stock solidly rally off its lows. The stock is still down over 25% on the year, but its price has now more than doubled from its recent lows. With Rivi...