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Volkswagen Ag Repstg Pref Shs ADR (OP: VWAPY )

9.540 -0.070 (-0.73%)
Streaming Delayed Price Updated: 3:58 PM EDT, Nov 1, 2024 Add to My Watchlist
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Headline News about Volkswagen Ag Repstg Pref Shs ADR

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QuantumScape: Solid State EV Batteries Nearing Commercialization
QuantumScape (QS) advances solid-state battery tech, with commercialization set for 2025 and key partnerships driving progress. 
Via MarketBeat
Topics Electric Vehicles
Exposures Electric Vehicles
Volkswagen Plans Closure Of Three Factories, Job Cuts Loom: Report
VW reportedly plans to close 3 factories in Germany, leading to job losses and wage reductions for employees. This reflects the struggles of the European auto industry. 
Via Benzinga
Horizon Robotics Debuts Strongly, Fueled By Autonomous Driving Boom
Key Takeaways: Horizon Robotics raised HK$5.41 billion in its Hong Kong IPO, valuing the company at HK$53.4 billion The company’s revenue grew 152% in the first half of the year, and it expects its... 
Via Benzinga
Topics Initial Public Offering
Exposures Securities Market
Rivian's New Competitor Is a Huge Problem
Volkswagen has gone from friend to foe. 
Via The Motley Fool
Volkswagen Executive Deported From China After Positive Cannabis Test
Via Benzinga
Topics Cannabis
Exposures Cannabis
Volkswagen EV Sales Drop 10% In Q3 Due To Slowdown In US And EU, But China Shines As A Bright Spot With 5% Growth
Volkswagen delivered 189,400 all-electric vehicles in the three months through the end of September, marking a drop of about 10% from the corresponding period last year. 
Via Benzinga
Hiley Volkswagen of Arlington Leads Arlington's Volkswagen Market: The Premier Volkswagen Dealership Experience
Via GetFeatured
Volkswagen Cuts Profit Forecast Again Amid Sliding Car Demand
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
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
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
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
Via GetFeatured
Chinese EV Maker Nio Eyes Audi's Brussels Plant Amid European Expansion: Report
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
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?
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
Via Talk Markets
Volkswagen Recalls Every ID.4 SUV in U.S. for Door Malfunction Concerns
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
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
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
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'
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
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
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
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
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?'
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
Via GetFeatured
XPeng Q2 Earnings: 30.2% Deliveries Growth, Margin Boost From Volkswagen Partnership, Q3 Outlook And More
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
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
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
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