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Volkswagen Ag Repstg Pref Shs ADR
(OP:
VWAPY
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10.25
-0.31 (-2.94%)
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Updated: 3:59 PM EDT, Oct 1, 2024
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Headline News about Volkswagen Ag Repstg Pref Shs ADR
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Volkswagen Cuts Profit Forecast Again Amid Sliding Car Demand
September 28, 2024
Volkswagen AG (VLKAF) lowered its profitability forecast for the second time this year due to sliding passenger vehicle demand, highlighting the bumpy transition to electric vehicles.
Via
Talk Markets
Google And Volkswagen Team Up To Launch AI Assistant That Can Even Change A Flat Tire
September 24, 2024
The AI assistant is currently free for approximately 120,000 owners of Volkswagen's Atlas and Atlas Cross Sport models.
Via
Benzinga
Topics
Artificial Intelligence
Exposures
Artificial Intelligence
Tesla And Chinese EV Startups Outpace Toyota, Volkswagen In Critical Software Race: Report
September 23, 2024
Legacy automakers struggle to catch up in EV software race, with only 3 in top 10 digital automaker index. Chinese competition also faces challenges.
Via
Benzinga
Volkswagen's Crisis Is The Reflection Of Europe's Automotive Struggles
September 20, 2024
Europe’s biggest automaker, Volkswagen (OTC: VWAGY) is considering plant closures for the first time in its 87-year-old history.
Via
Benzinga
Pro-Tech Transmissions Expands Service Offerings to Include All Domestic and European Makes and Models at Phoenix Location
September 19, 2024
Via
GetFeatured
Chinese EV Maker Nio Eyes Audi's Brussels Plant Amid European Expansion: Report
September 19, 2024
Chinese EV maker Nio is reportedly eyeing taking over Volkswagen brand Audi's car plant in the Brussels city of Vorst.
Via
Benzinga
Tesla Registrations In EU Take A Hit In 2024 As EV Demand Slows: Volkswagen, Volvo, And Toyota Continue To Gain Speed
September 19, 2024
New Tesla vehicle registrations in the European Union in the first eight months of 2024 dropped 15% due to slowing EV demand.
Via
Benzinga
50% Of New Car Sales In China Are Electric — But In The US, It's Only 10%: Are Protectionist Policies Widening The Gap?
September 16, 2024
Last week, Biden admin imposed tariffs on Chinese goods, including 100% tax on electric vehicles. Protectionist policies aim to boost US jobs.
Via
Benzinga
Topics
World Trade
Exposures
Tariff
Volkswagen Declares War On Unions, Scraps Three-Decade-Old Job Protections
September 10, 2024
Via
Talk Markets
Volkswagen Recalls Every ID.4 SUV in U.S. for Door Malfunction Concerns
September 10, 2024
German automaker Volkswagen is recalling 98,806 of its ID.4 electric SUVs in the U.S. citing concerns about the door handles opening unexpectedly, the U.S. National Highway Traffic Safety...
Via
Benzinga
Topics
Product Recall
Exposures
Legal
Product Safety
Volkswagen's $5B Deal With Rivian Leaves Software Arm Cariad Workers Frustrated, CEO Left Out: Report
September 09, 2024
The recent $5 billion deal between Volkswagen and US electric vehicle start-up Rivian Automotive has reportedly stirred up discontent among employees at the German automaker's software division...
Via
Benzinga
Topics
Electric Vehicles
Exposures
Electric Vehicles
Volkswagen Slashes Production At EV Battery Plant, Employees Fear Broader Cost-Saving Plan
September 06, 2024
VW's subsidiary PowerCo cuts production due to financial strain, facing weak EV sales and possible plant closures amid emissions scandal.
Via
Benzinga
Topics
Emissions
Volkswagen's Battery Plant In Germany To Operate At Reduced Capacity Amid Financial Strains
September 06, 2024
Employees voiced their fears about the second line being permanently abandoned as part of a larger cost-saving strategy at Volkswagen
Via
Benzinga
Tesla Won Some Brownie Points By Not Doing Anything Wrong Like GM, Volkswagen, Says Industry Watcher, Calls FSD Elon Musk's 'Passion Project'
September 06, 2024
Tesla has weathered the EV downturn better than most others in the industry and it has strong brand appeal, says an industry watcher.
Via
Benzinga
5 Auto Giants Embracing Hemp For Sustainability, From Ford To BMW
September 05, 2024
Five major automakers, including Volkswagen and BMW, are incorporating hemp into vehicles for sustainability and performance.
Via
Benzinga
Volkswagen’s Choice: Fire Union Workers And Cut Costs, Or Go Bankrupt
September 04, 2024
The unions and government leaders are howling but what must be done will be done.
Via
Talk Markets
Topics
Bankruptcy
Exposures
Financial
Legal
Volkswagen's CUPRA Faces Crisis: Massive Tariff Threatens Electric SUV Tavascan's Future
September 04, 2024
Volkswagen's CUPRA warns that proposed 21.3% import tariffs could "wipe out" the brand, risking financial stability and job losses.
Via
Benzinga
Topics
World Trade
Exposures
Tariff
Volkswagen Considers Hemp To Develop Sustainable Substitute For Imitation Leather
September 03, 2024
Via
Benzinga
Tesla CEO Elon Musk Doubts Volkswagen's Proposed $5B Rivian Investment Amid Reports That It Is Considering Closing Its Factories In Germany: 'Where Will They Get The Money?'
September 03, 2024
Tesla CEO Elon Musk doubts whether Rivian Automotive will receive funding from Volkswagen due to potential factory closures and union resistance.
Via
Benzinga
Unlock Extraordinary Offers: Discover the Best Deals at Hiley Volkswagen of Arlington Dealership
August 21, 2024
Via
GetFeatured
XPeng Q2 Earnings: 30.2% Deliveries Growth, Margin Boost From Volkswagen Partnership, Q3 Outlook And More
August 20, 2024
Xpeng Inc (XPEV) reported Q2 sales growth of 60.2%, missing analyst estimates. Stock price fell. Q2 vehicle deliveries up 30.2%. Expecting 3Q revenue increase. XPEV stock closed higher by 3.75% at...
Via
Benzinga
Volkswagen Delays Trinity Launch Due To Software Issues: Report
August 13, 2024
Volkswagen delays launch of new ID.4 models to early 2030s, A report noted that the project, originally scheduled for a 2026 launch, was postponed due to software issues at the Cariad subsidiary, which...
Via
Benzinga
Rivian Stock 'Powering Through Some Speed Bumps': Analysts Highlight Volkswagen JV, Amazon Partnership, R2 Launch After Q2 Earnings
August 07, 2024
Rivian stock is sized up by six analysts after reporting second-quarter financial results. A look at the long-term EV opportunity analysts see for the company.
Via
Benzinga
Rivian Expects To Achieve More Favorable Pricing From Suppliers And Future Revenue Opportunities Thanks To Volkswagen JV
August 07, 2024
Aston Martin Unaffected By Delays In British Carmaker's EV Timeline: 'We're Solidifying Our Plans'Rivian: The Good, The Bad And The Unknown From Its Q2 EarningsEV startup Rivian (NASDAQ: RIVN) expects...
Via
Benzinga
Topics
Supply Chain
Exposures
Supply Chain
Rivian Q2 Earnings Highlights: Revenue Beat, EPS Miss, Volkswagen JV To 'Speed Up The Transition Away From Fossil Fuels'
August 06, 2024
Rivian reported Q2 results after market close Tuesday. A look at the key highlights from the report and a look at what's next.
Via
Benzinga
Rivian Stock Analysis: Why Investors Should Hold Off Despite $5B VW Deal
July 31, 2024
While investors might be excited about RIVN stock and its prospects following Q2 earnings, the long run still seems uncertain.
Via
InvestorPlace
Is the Rivian R2 the Key to Profitability and Stock Growth for RIVN Stock?
July 31, 2024
Rivian Stock got a boost in July from its $5 billion joint venture with Volkswagen Group. However, it is the R2 that could be its savior.
Via
InvestorPlace
Why Rivian Stock’s Recent Doubling Is Just the Start
July 25, 2024
Rivian stock is attractive even after a 100% rally, with the Volkswagen deal likely to further boost technology acceleration.
Via
InvestorPlace
What's Going On With XPeng Stock?
July 22, 2024
XPeng shares are trading higher Monday following a report indicating the company and Volkswagen have established project houses to develop EV infrastructure. Here's a look at what to know:
Via
Benzinga
XPEV Stock Alert: XPeng Expands EV Relationship with Volkswagen
July 22, 2024
XPeng stock is up on Monday after the company announced an expanded collaboration agreement with Volkswagen that's boosting XPEV shares.
Via
InvestorPlace
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