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2024-05-20 16:38:29 ET Read the full article on Seeking Alpha For further details see: NHTSA investigation could result in recall of 51K Volkswagen ID.4 EVs
2024-05-17 13:24:09 ET The 5,000 autoworkers at Mercedes’ (MBGAF, MBGYY) Alabama facility have cast their votes on whether to unionize with results expected later this afternoon. A “yes” vote will give the UAW further inroads in unionizing foreign-owned automakers,...
2024-05-11 07:00:00 ET More on auto stocks Tesla Stock: Rich Valuation Faces Reality Check Tesla Stock Could Soon Pay A Dividend - But Is Overvalued Nonetheless Taking A Closer Look At Tesla's Cash Position There could be high drama around Tesla's shareholder...
2024-05-07 11:56:20 ET Summary Global electric car sales March 2024 up 3% YoY to 13% share. China sales up 29% to 43% share. Europe up 10% to 20% share. USA up 19% to 9.39% share. EV market news - EVs dominate the Beijing Auto Show 2024. IEA report: More than 1 in 5 cars sold glob...
2024-05-07 09:30:00 ET Summary Tesla's stock value is threatened by the smaller-than-expected overall EV market, causing concern for its future sales. Tesla's valuation is significantly overvalued according to a DCF model, even with generous growth assumptions. Tesla's positio...
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 ...
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2024-06-27 09:17:08 ET Rivian Automotive (NASDAQ: RIVN) investors got some great news on Tuesday. Rivian and Volkswagen (OTC: VWAGY) announced they will form a joint venture (JV) that will marry Rivian technology to Volkswagen cash -- as much as $5 billion that Rivian can us...
2024-06-26 13:14:54 ET Shares of luxury electric car-maker Lucid Group (NASDAQ: LCID) leapt ahead 6.4% through 11:40 a.m. ET Wednesday on news that... doesn't directly affect Lucid at all. Last night, rival EV-maker Rivian Automotive (NASDAQ: RIVN) announced that Volks...